The direct write off method of accounting for the impairment of receivables is an acceptable method when the effect of not applying the allowance method would be highly immaterial. is specifically disallowed under IFRS. usually results in the same net income as the allowance method. is never acceptable. Question 8 1 pts Factoring is when A Company writes off uncollectable accounts. Financial institutions pool mortgages together and sell shares in these "pools". A Company provides its accounts receivable as collateral for a loan. A company sells its accounts receivables to a third party. The direct write off method of accounting for the impairment of receivables is an acceptable method when the effect of not applying the allowance method would be highly immaterial. is specifically disallowed under IFRS. usually results in the same net income as the allowance method. is never acceptable. Question 8 1 pts Factoring is when A Company writes off uncollectable accounts. Financial institutions pool mortgages together and sell shares in these "pools". A Company provides its accounts receivable as collateral for a loan. A company sells its accounts receivables to a third party