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The materiality constraint, as applied to bad debts: Multiple Choice Requires use of the direct write-off method. Requires that bad debts not be written off.
The materiality constraint, as applied to bad debts: Multiple Choice Requires use of the direct write-off method. Requires that bad debts not be written off. Requires that expenses be reported when paid in cash. Requires use of the pledge method for bad debts. Permits the use of the direct write-off method when its results approximate those of the allowance method
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