Inter alia, this topic deals with whether and how to recognize bad debts. Part of the answer depends on "materiality." From the list below, there is only one correct way to complete this phrase. All the other choices are blatantly false and misleading. What is the correct way to complete the phrase? "The materiality constraint ..." Group of answer choices

Is limited to accounting for natural resources

Permits the use of the direct-write-off method if the results are similar to using the allowance method

Is not relevant to US GAAP; it only applies to international standards known as IFRS

Requires use of the direct write-off method for companies that file under US GAAP