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Question 10 10 pts The Current Expected Credit Loss Model (CECL) is optional for companies to use in the recognition of financial instrument measurement. does
Question 10 10 pts The Current Expected Credit Loss Model (CECL) is optional for companies to use in the recognition of financial instrument measurement. does not account for the treatment of bad debt expense related to accounts receivables. includes the allowance method to estimate and recognize expected losses on receivables. requires companies to use a "direct write off" approach for calculating bad debt expense
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