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1. The percent of sales method for determining an A/R allowance A. Should not be used when sales exceed a certain level. B. Is based

1. The percent of sales method for determining an A/R allowance

A. Should not be used when sales exceed a certain level.

B. Is based on an analysis of customer-by-customer information.

C. Is a complex calculation using statistical modeling.

D. Provides an appropriate matching of revenues and expenses for the period.

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