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Multiple Choice

Which statement about the calendar year is true?

The calendar year is the annual time span used for civil timekeeping. In the Gregorian calendar, it runs from January 1 to December 31, making up 12 months. This fixed frame is defined by how the calendar system sets the year, with leap years occasionally adding February 29 to keep the year aligned with the solar cycle. It cannot start in any other month, it is not 13 months long, and it is not the same as the fiscal year, which is a separate accounting period that can begin in any month and still cover 12 months.

The calendar year is the annual time span used for civil timekeeping. In the Gregorian calendar, it runs from January 1 to December 31, making up 12 months. This fixed frame is defined by how the calendar system sets the year, with leap years occasionally adding February 29 to keep the year aligned with the solar cycle. It cannot start in any other month, it is not 13 months long, and it is not the same as the fiscal year, which is a separate accounting period that can begin in any month and still cover 12 months.