Definition of Fiscal Year

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TeachMeFinance.com - explain Fiscal Year



Fiscal Year

The term 'Fiscal Year ' as it applies to the area of Medicare in the United States can be defined as ' For Medicare, a year-long period that runs from October 1st through September 30th of the next year. The government and some insurance companies follow a budget that is planned for a fiscal year'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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