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Từ vựng:

fiscal year

Giải nghĩa:

/fɪskəl jɪr/ – Phrase


Definition: năm tài chính, tài khóa.

A more thorough explanation: A fiscal year is a 12-month period used for financial reporting and budgeting purposes by governments, businesses, and other organizations. It does not necessarily coincide with the calendar year and may begin and end on any date chosen by the entity for accounting and financial planning purposes.

Example: In accordance with company policy, the fiscal year runs from January 1st to December 31st for financial reporting purposes.