Examlex
Which of the following statements in relation to non-current assets is untrue?
One Month
A period of time extending roughly from a specific date in one calendar month to the corresponding date in the next calendar month.
One Year
A period consisting of 12 consecutive months or 365 days.
Budget Period
A specific time frame for which financial planning, expenditure, and allocations are made and tracked.
Monthly
Pertains to something occurring every month or related to a particular month.
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