The date that is the end of the accounting period is referred to as the:
A)Fiscal date
B)Change off
C)Accounting cut
D)Cutoff

Name: The date that is the end of the accounting period is referred to as the: A)Fiscal date B)Change off C)Accounting cut D)Cutoff
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Question

Quizplus · Accepted Answer

The term "cutoff" is commonly used in accounting to refer to the end of an accounting period, after which no further transactions or adjustments can be made to that period's financial statements. Therefore, the correct answer is D) Cutoff.

The Date That Is the End of the Accounting Period