Abroad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the: a. operating cycle of a business. b. time period principle. c. going-concern principle. d. matching principle. e. accrual basis of accounting.

Time period principle

Explanation: As per the time period principle the financial results and other significant business activities of an entity should be reported over a standard time period which can be monthly, weekly , daily etc.

After selecting the time period frequency, organization have to follow different rules for different statements, as per the US Generally accepted accounting principles.

answer; post closing trial balance;

answerup to (3) three years;