What does the term "quarterly" refer to in a financial or business context?
A) Occurring every month
B) Occurring every week
C) Occurring every three months
D) Occurring every year



Answer :

Answer:

C) Occurring every three months

Explanation:

The answer is C) Occurring every three months

A) Occurring every month

Something is referred to as "monthly," not "quarterly," if it happens every month. Financial reports, statements, and one-time payments fall under this category.

B) Occurring every week

Events that happen once a week are called "weekly." Activities, reports, and meetings that take place once a week fall under this category.

C) Occurring every three months

This is the accurate meaning of "quarterly." It refers to reports, activities, or fiscal quarters that happen every three months. In the business world, quarterly financial statements are frequently prepared by companies and offer an analysis of their performance for each quarter of the year.

D) Occurring every year

Reports or events that take place only once a year are called "annual." Things like budgets, yearly reports, and one-time events fall under this category.