The diagram above identifies basic functions found on Flukeâs best-selling clamp meter, the Fluke 376 True-RMS AC/DC Clamp Meter with iFlexÂ®: Current-sensing jaw. Tactile barrier (to protect fingers from shocks). Hold button: Freezes the display reading. Reading is released when button is pushed a second time.
The fiscal year is usually denoted by the year in which it ends, so United States federal government spending incurred on 14 November 2017 would belong to fiscal year 2018, operating on a fiscal calendar of OctoberâSeptember.
What It Is. A fiscal year is an accounting period of 365(6) days that does not necessarily correspond to the calendar year beginning on January 1st. The fiscal year is the established period of time when an organization's annual financial records commence and conclude. How It Works A company's fiscal year will always reflect the date of the calendar year in which it ends. For example: The financial operations of the federal government are carried out in a fiscal year that begins on October 1 and ends on September 30. Therefore the government's fiscal year for 2008 would begin on October 1, 2007 and end on September 30, 2008. Why It Matters The key thing to remember is that a fiscal year doesn't necessarily correspond with the calendar year.