All Courses
Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity Get the App Login Join for Free
Sign in Open App
UPSC Exam  >  UPSC Questions  >  Beginning of the financial year of the US gov... Start Learning for Free
Beginning of the financial year of the US government
a)October 1
b)March 1
c)April 1
d)July 1
Correct answer is option 'A'. Can you explain this answer?
Clear all your UPSC doubts with EduRev
Verified Answer
Beginning of the financial year of the US governmenta)October 1b)March...
The first fiscal year for the U.S. Government started Jan. 1, 1789. Congress changed the beginning of the fiscal year from Jan. 1 to Jul. 1 in 1842, and finally from Jul. 1 to Oct. 1 in 1977.
View all questions of this test
Most Upvoted Answer
Beginning of the financial year of the US governmenta)October 1b)March...
In US, the financial year starts from 1st October and ends 30th September. according to the traditional calendar, or choose the dates of their own fiscal year.
I hope you got your answer
Free Test
FREE
Start Free Test
Start Free Test
Community Answer
Beginning of the financial year of the US governmenta)October 1b)March...
October
Explore Courses for UPSC exam

Similar UPSC Doubts

½ % of net profit to be transferred to General Reserve. Partners are allowed interest on capital @ 5% p.a. and are to be charged interest on drawings @6% p.a. Z is entitled to a salary of 7,000 p.a..X is entitled to a remuneration of 10% of the net profit before making any appropriation.Y is also entitled to a commission of 8% of the net profit before charging interest on drawings but after making all appropriations including commission. During the year X withdrew 1,000 at the beginning of every month, Y 1,000 in the middle of every month and Z 1,000 at the end of every month. On 1st October, 2017, 2 granted a loan of 6,00,000. The net profit of the firm for the year ended on March 31, 2018 before providing for any of the above adjustments was 1,38,000.Prepare Profit and Loss Appropriation A/C for the year ended on March 31 2018 (6)?

Top Courses for UPSCView all

Top Courses for UPSC

Beginning of the financial year of the US governmenta)October 1b)March 1c)April 1d)July 1Correct answer is option 'A'. Can you explain this answer?
Question Description
Beginning of the financial year of the US governmenta)October 1b)March 1c)April 1d)July 1Correct answer is option 'A'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Beginning of the financial year of the US governmenta)October 1b)March 1c)April 1d)July 1Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Beginning of the financial year of the US governmenta)October 1b)March 1c)April 1d)July 1Correct answer is option 'A'. Can you explain this answer?.
Solutions for Beginning of the financial year of the US governmenta)October 1b)March 1c)April 1d)July 1Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC. Download more important topics, notes, lectures and mock test series for UPSC Exam by signing up for free.
Here you can find the meaning of Beginning of the financial year of the US governmenta)October 1b)March 1c)April 1d)July 1Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Beginning of the financial year of the US governmenta)October 1b)March 1c)April 1d)July 1Correct answer is option 'A'. Can you explain this answer?, a detailed solution for Beginning of the financial year of the US governmenta)October 1b)March 1c)April 1d)July 1Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of Beginning of the financial year of the US governmenta)October 1b)March 1c)April 1d)July 1Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Beginning of the financial year of the US governmenta)October 1b)March 1c)April 1d)July 1Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice UPSC tests.
Explore Courses for UPSC exam

Top Courses for UPSC

Explore Courses
SaveJoin the Discussion on the App for FREE
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Get App
© EduRev
Education Revolution
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup