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The 4–4–5 calendar is a method of managing accounting periods, and is a common calendar structure for some industries such as retail and manufacturing.It divides a year into four quarters of 13 weeks, each grouped into two 4-week "months" and one 5-week "month".
The calendar year can be divided into four quarters, [3] often abbreviated as Q1, Q2, Q3, and Q4. Since they are three months each, they are also called trimesters. In the Gregorian calendar: First quarter, Q1: January 1 – March 31 (90 days or 91 days in leap years) [4] Second quarter, Q2: April 1 – June 30 (91 days)
This quarter system was adopted by the oldest universities in the English-speaking world (Oxford, founded circa 1096, [1] and Cambridge, founded circa 1209 [2]). Over time, Cambridge dropped Trinity Term and renamed Hilary Term to Lent Term, and Oxford also dropped the original Trinity Term and renamed Easter Term as Trinity Term, thus establishing the three-term academic "quarter" year widely ...
Whether companies use a calendar year or a fiscal year, the first quarter is an important one. The first quarter sets the tone for the rest of the year and gives a company an indication as to ...
Used in the US and other countries to refer to the two main periods into which the academic year is divided at some universities. [2] [3] Trimester (Latin: trimestris, lit. 'of three months') used in the US and Canada to refer to one of the three terms into which the academic year is divided at some universities. [4] [5] Quarter (Latin ...
The U.S. Mint issued five new quarters each year in the order that the states ratified the Constitution or were admitted into the Union. In 2009, the Mint made six more quarter designs for ...
The calendar year has 13 months with 28 days each, divided into exactly 4 weeks (13 × 28 = 364). An extra day added as a holiday at the end of the year (after December 28, i.e. equal to December 31 Gregorian), sometimes called "Year Day", does not belong to any week and brings the total to 365 days.
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