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7. A company may only use the direct write-off method to account for uncollectible accounts receivable when the amount of uncollectible accounts receivable is .
7. A company may only use the direct write-off method to account for uncollectible accounts receivable when the amount of uncollectible accounts receivable is . Otherwise. a company is required to use the method to account for uncollectible accounts receivable. Note: The direct write-off method is not considered GAAP because it violates the matching concept
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