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The materiality constraint, as applied to bad debts: Permits the use of the direct write-off method when bad debts expenses are relatively small. Requires use
The materiality constraint, as applied to bad debts:
Permits the use of the direct write-off method when bad debts expenses are relatively small.
Requires use of the allowance method for bad debts.
Requires use of the direct write-off method.
Requires that bad debts not be written off.
Requires that expenses be reported in the same period as the sales they helped produce.
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