5 Jl True or False? Fiscal years usually run for 18 months True False

## Step1: Define Fiscal Year<br />### A fiscal year is a period used for calculating annual financial statements in businesses and other organizations. It typically lasts 12 months.<br />## Step2: Analyze the Statement<br />### The statement claims that fiscal years usually run for 18 months, which contradicts the standard definition of a fiscal year being 12 months.