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Which of the following statements is true of the direct write - off method? A ) It results in more accurate net income than any
Which of the following statements is true of the direct writeoff method?
A It results in more accurate net income than any other method.
B It provides better matching of revenues with expenses.
C GAAP requires public companies to follow the direct writeoff method.
D It is only suitable for small companies that have very few uncollectible receivables.
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