Worldatwork Exam CECP Topic 1 Question 52 Discussion

Actual exam question for Worldatwork's CECP exam

Question #: 52
Topic #: 1

[All CECP Questions]

Information on the annual report shows results for what time period?

AThe calendar year from January 1 to December 31

BThe fiscal year, which matches the calendar year from January 1 to December 31

CThe fiscal year, which shows results from July 1 to June 30

DThe fiscal year, which may match the calendar year or may be a different 12-month period, depending on the company

Show Suggested Answer

Suggested Answer: B

by Lavera at Feb 09, 2024, 05:10 PM

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Meghan

2 days ago

Haha, who even uses the fiscal year anymore? I'm just going to pick option A and call it a day.

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Armando

3 days ago

I was a bit confused between options B and D, but after reading the question carefully, D is the right choice. The fiscal year can be different from the calendar year.

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Nu

12 days ago

The annual report shows results for the fiscal year, which may vary from the calendar year. Option D seems to be the correct answer here.

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But some companies have different fiscal years, so I think D) The fiscal year, which may match the calendar year or may be a different 12-month period, depending on the company, could also be correct.

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Eva

16 days ago

I disagree, I believe the answer is B) The fiscal year, which matches the calendar year from January 1 to December 31.

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Micaela

23 days ago

I think the answer is C) The fiscal year, which shows results from July 1 to June 30.

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