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

Adjustments are made at the end of the accounting period because making them on a daily basis would be inefficient.

Adjustments are made at the beginning of the accounting period to ensure accuracy is maintained during the cycle.

Adjustments are made at the discretion of management and are not necessary for each accounting period.

Adjustments are made throughout the accounting period as information becomes available.