The direct write-off method is the most preferred method for the disposition of bad debts by most publicly-traded companies as this is an easier method and takes fewer steps to complete the write-off.. O True False Acme Company is in need of $95,000 for an urgent machine repair work but doesn't have enough cash to support this work. Acme has a Cash reserve of $35,000 but does not want to use this cash on the repair work. The Accounts Receivables balance is $225,000. One way to manage this fund shortage is to sell a part of the Accounts Receivables to a factor or a bank at a discounted price to raise this emergency money." O True False