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State the assumption, principle, or qualitative characteristic that is violated. Q #1. The ABC company has not established an Allowance for Doubtful Accounts, even though

State the assumption, principle, or qualitative characteristic that is violated.

Q #1. The ABC company has not established an Allowance for Doubtful Accounts, even though there are a significant number of their accounts that are either slow paying or may not pay their debts in full.

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