Answer:
(d) companies record information in the time period in which the events occur.
Explanation:
In accrual accounting information about transactions are recorded in the time period when the transaction occured. This helps business asses how well they are doing within a time period for example quarterly, monthly, yearly.
Let's say a revenue was earned this year or $40,000, it must be recorded as a transaction that occurred this year. It cannot be recorded against next year's record as that is not the period in which it occured.