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.
A fiscal year typically is a period of 12 consecutive months that begins on the first of the month and ends on the last day of the 12th month. The first month of the calendar is never January under the fiscal year setup. Some businesses follow a 52-53 week fiscal year, which alternates between a 52-week year and a 53-week year. It does not have to end on the last day of a month. A new business adopts a tax year by filing its first income tax return under the tax year of its choice.