How Does the Timing of Adjusting Entries Differ from the Accounting

question 36

Multiple Choice

How does the timing of adjusting entries differ from the accounting for daily transactions?

• A)Adjustments are made at the discretion of management and are not necessary for each accounting period.
• B)Adjustments are made at the beginning of the accounting period to ensure accuracy is maintained during the cycle.
• C)Adjustments are made throughout the accounting period as information becomes available.
• D)Adjustments are made at the end of the accounting period because making them on a daily basis would be inefficient.