QUESTION 47 The direct write off method is the simplest and should be used by companies that have very limited credit sales. Assess the truth of this statement O a. There is no way to determine the truth of this statement. Ob. None of the above answers are correct. Oc. This statement is false. Od. This statement is true QUESTION 48 The term "receivables" includes all a. merchandise to be collected from individuals or companies Ob.cash to be paid to creditors c. cash to be paid to debtors Od money claims against other entities