A. updated at the end of the accounting year
B. not considered in the updating process
C. updated continuously
D. updated at the beginning of the accounting year
Correct Answer:
Option A – updated at the end of the accounting year
Explanation
In accounting, a financial period is calculated on a yearly basis. Accounts are prepared at the end of the year
Do you want to study Agricultural Extension in OOU? Before you apply for the OOU…
Do you want to study Agricultural Economics in OOU? Before you apply for the OOU…
Do you want to study Cooperative and Business Management in OOU? Before you apply for…
Do you want to study Home and Hotel Management in OOU? Before you apply for…
Do you want to study Animal Production in OOU? Before you apply for the OOU…
Do you want to study Crop Production in OOU? Before you apply for the OOU…