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Which of the following statement is false when making a comparison between the Direct Write Off Method and the Allowance Method? Multiple Choice The Direct
Which of the following statement is false when making a comparison between the Direct Write Off Method and the Allowance Method? Multiple Choice The Direct Write Off Method should be used when bod debts are typically negligible at an organization. None of the other altematives are correct There are two methods to use with the Allowance method: Aging ond Percentage of Soles. A specific accounts receivable account may be written off under either method. The Direct Write Off Method violotes the motching principle
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