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PDF file(b) An accounting time period of one year in length is referred to as a fiscal year. A fiscal year that extends from January 1 to December 31 is referred to as a calendar year. Accounting periods of less than one year are called interim periods. 2. The two generally accepted accounting principles that relate to adjusting the accounts are:
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PDF fileCHAPTER 17 The Statement of Cash Flows ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Exercises A Problems B Problems *1. Indicate the usefulness of the statement of cash flows. 1, 2, 6, 15 *2. Distinguish among operating, investing, and financing activities. 3 issuance of bonds or notes for assets, and (4