4. (TCO 7) Which of the following can offer a type of comparison in financial statement analysis? (Points : 5)
Past ratios and figures
Statistics of competitors
All of the above
5. (TCO 7) A fiscal year is (Points : 5)
June to June reporting's of each year.
a 12 month accounting period that closes at the end of a month other than December.
a 12 month accounting period that closes December of each year.
a natural business year.
6. (TCO 7) Other than December, the most popular month for a fiscal year end is (Points : 5)