Write the deferred acceptance algorithm in pseudocode.
Accounting Notes Chapter 3: Adjusting Accounts for Financial Statements I. Timing and Reporting a. The Accounting Period i. The value of information is often linked to its timeliness. Useful information must reach decision makers frequently and promptly. ii. Accounting systems prepare reports at regular intervals. Thus results in an accounting process impacted by the time period (or periodicity) assumption. iii. The time period assumption presumes that an organization’s activities can be divided into specific time periods such as a month, a three-month quarter, a six- month quarter, or a year.