31) The accounting period used for the annual financial statements is called the fiscal year. A. True or B. False 32) Which of the following accounting elements does the matching principle help to match? A) revenues and liabilities, B) expenses and assets; C) expenses and revenues; D) expenses and liabilities; E) None of the above 33) An adjusting entry is completed.; A) at the beginning of the accounting period B) at the end of the accounting period; C) after all performance obligations are satisfied D) when accounts need to be balanced in the ledger; E) None of the above