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Fiscal year

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Definition Edit

A fiscal year is

  • [a]ny yearly accounting period, regardless of its relationship to a calendar year.[1]
  • [a] 12-consecutive-month period ending on the last day of any month.[2]

References Edit

  1. A Glossary of Terms Used in the Federal Budget Process, at 55.
  2. Annual Assessment of the Internal Revenue Service Information Technology Program, at 37.

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