What does the abbreviation "EOFY" typically refer to in an office setting?
دفتری ترتیب میں عام طور پر "ای او ایف وائی" کا مخفف کیا ہوتا ہے؟
- Equipment Ordering Forecast (for predicting future equipment needs)
- Escalation of Findings Report (for reporting identified issues)
- Employee Onboarding Form (for new employee paperwork)
- End of Financial Year (the closing of a company's financial accounting period)
Explanation
EOFY typically refers to "End of Financial Year".
This marking the conclusion of a company's financial accounting period.
It's a critical time for finalizing financial statements, assessing tax obligations, and preparing for the new fiscal year in businesses.
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