首页
登录
职称英语
When you open the business section of any newspaper at the end of the year,
When you open the business section of any newspaper at the end of the year,
游客
2024-08-14
37
管理
问题
When you open the business section of any newspaper at the end of the year, all the reports seem to be about results for the fiscal year. But just like a school year or lunar year, the fiscal year is a little different from the regular calendar year.
A fiscal year is a 12-month period that records the annual financial reports for businesses, organisations and governments. These records give shareholders and analysts information on how well the businesses are doing. They are also necessary because they help investors and other companies prepare for the future. All this preparation helps the economy continue to run smoothly.
Starbucks Corp. released the record of its fourth fiscal quarter and the full fiscal year, which ended Oct. 1, on Nov. 16. "The record results we reported today for the fourth quarter and the full fiscal year are a testament to the overall health and strength of our global business," commented Troy Alstead, CFO. "The momentum we have built throughout the year continued in the fourth quarter, with the strength of same store sales growth demonstrating that our product innovation and overall store experience are resonating extremely well with our customers. As a result of the strong finish to fiscal 2011, Starbucks entered the new fiscal year well positioned to continue pursuing significant profitable growth opportunities. "
The start date of the fiscal year is different in different businesses and countries. So, for example , the U. S. government begins its fiscal year Oct. 1 and the Australian government begins its July 1. Thailand starts its fiscal year in September. The United Kingdom and India have chosen a different fiscal-year system. In these countries, the fiscal year varies from April to March. In China, the fiscal year starts Jan. 2 and ends Dec. 31. France, Italy, Germany, Russia use the same fiscal year as China.
Fiscal years don’t always start from January and end in December, however. When a business opens, it decides what month will start its fiscal year. In fact, many businesses don’t choose to follow the regular calendar year for their fiscal year because December is usually a very busy time. In the United Kingdom, many companies have continued to use the government fiscal year, which expires March 31, since they privatized. Nonetheless, the fiscal year and calendar year are the same in about over 60 percent of companies in the United States and the majority of businesses in England.
In each fiscal year there are four quarters. Each is three months long and is often called a fiscal quarter. Businesses usually report results for each fiscal quarter as well as annual results for their fiscal year.
Questions 71 -75
Complete the summary with words from the passage, changing the form where necessary, with only one word for each blank.
A fiscal year is a 12-month period used for calculating financial reports 【R1】______in businesses and other organisations. The reports are made for business people to understand how well they are doing and to prepare for the future. Fiscal years can follow the calendar year, but more often than not, they 【R2】______between countries or companies. The U. S. government begins its fiscal year in October while the Chinese government starts its in 【R3】______. In the U. S. and the U. K. , the 【R4】______of businesses use the same fiscal calendar as the government. However, some businesses choose to start in a 【R5】______month. [br]
选项
答案
majority
解析
(文章第五段指出在英国,许多公司都沿用政府的会计年度。majority的意思是“大部分”。)
转载请注明原文地址:https://tihaiku.com/zcyy/3719933.html
相关试题推荐
Whendoesthesongbirdperformatapdance?[br][originaltext]Inthissection,
Whendoesthesongbirdperformatapdance?[originaltext]Inthissection,youw
【B1】______Oneofthemostimportantaspectsofdoingbusinessinternationall
【B1】______Oneofthemostimportantaspectsofdoingbusinessinternationall
【B1】______Oneofthemostimportantaspectsofdoingbusinessinternationall
[img]2012q2/ct_eyyjsdz2010b_eyyjsdreadc_0174_20121[/img]Inmanybusinesses,
[img]2012q2/ct_eyyjsdz2010b_eyyjsdreadc_0174_20121[/img]Inmanybusinesses,
[img]2012q2/ct_eyyjsdz2010b_eyyjsdreadc_0174_20121[/img]Inmanybusinesses,
Reuters:theBusinessofNews[img]2014m4s/ct_eyyjsdz2012j_e
Reuters:theBusinessofNews[img]2014m4s/ct_eyyjsdz2012j_e
随机试题
TowhomdidMs.Tonakatellaboutheridea?[originaltext]JapaneseForeignM
Whendoyouthink______visitheruncle?A、shewasgoingtoB、willshegotoC、s
TheAmericanEducationSystemI.FirstcharacteristicsA.No【T1】______educati
COVERLETTERDearMr.Johnson:I’mapplyingfor
由他人代替考试、替他人参加考试、组织作弊、使用通讯设备作弊、在校期间二次(含二次
简述财政支出效益评价指标体系的设置原则。
施工过程中,必须对主梁各个施工阶段的()等进行监测,并应及时将有关数据反馈
A.单调下降,且下凹 B.单调上升,且下凹 C.单调上升,且上凹 D.单调
以下哪项创口不是放置引流条的适应证A.较浅小的无菌创口 B.脓肿切开的创口
热原组成中致热活性最强的成分是A、胆固醇 B、生物激素 C、脂多糖 D、磷
最新回复
(
0
)