Corporations Can Use a 52- to 53-Week Fiscal Year End

question 31

True/False

Corporations can use a 52- to 53-week fiscal year end, but the year must end on Saturday each year.

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Definitions:

Long-Term Care Facility

A variety of services which help meet both the medical and non-medical needs of people with a chronic illness or disability who cannot care for themselves for long periods.

Discharge Planning

The process in healthcare that ensures a patient is provided with a coordinated plan for continuing care following their departure from a hospital or clinic.

Health Care Agency

An organization that provides health care services to individuals, which can include hospitals, clinics, and home care services.

Rehabilitation Process

A set of therapies and activities designed to restore health or normal life to individuals after illness, injury, or addiction.