Final answer:
Adjusting journal entries are made before financial statements are prepared, not after, to ensure the statements accurately reflect the company's financial status.
Step-by-step explanation:
The statement that adjusting journal entries are always made after the financial statements are issued is false. Adjusting journal entries are typically made at the end of an accounting period before financial statements are prepared. These entries are necessary to update the accounts for revenues that have been earned but not yet recorded and expenses that have been incurred but not yet recorded. The process ensures that the financial statements reflect a true and fair view of the company's financial position and performance for the period.