Which of the following best describes adjustments:
A)adjustments ensure proper matching.
B)they are used to record external events.
C)(a) and (d).
D)they are usually prepared at the end of the accounting period.

Question

Quizplus · Accepted Answer

Adjustments ensure proper matching of revenues and expenses (A) and are usually prepared at the end of the accounting period (D) to ensure accurate financial reporting.

Which of the Following Best Describes Adjustments