In Accounting, "Year-End" Is Typically the Period _______

Multiple Choice

In accounting, "year-end" is typically the period _______.

A) when the client's accounting year has substantially finished, and the account balances reflect the totals for the entire year under audit
B) that is 4-6 weeks after the auditors leave the client's location
C) during the latter part of the third quarter and into the fourth quarter
D) when most of the audit planning and risk assessment occur