ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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NATURAL BUSINESS YEAR Definition
NATURAL BUSINESS YEAR is a fiscal year based on the cycle of the given business rather than a calendar year. The year ends with inventories and activities at a low level, e.g., after winter shipments for a ski manufacturer.
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SHARE is one unit of ownership interest in a company, mutual fund, limited partnership, etc.
SQCS is Statement on Quality Control Standards.