What Is the Significance of the Subsequent Events Period for Accrual

What is the significance of the subsequent events period for accrual accounting?

A) The subsequent events period can affect the recognition of business transactions and events.
B) The subsequent events period can affect the measurement of business transactions and events.
C) The subsequent events period can affect the recognition and measurement of business transactions and events.
D) Transactions must be reported in the cut-off period before the statements are authorized.