If Bad Debts Are not Significant,which Method Is Best to Use

question 42

Multiple Choice

If bad debts are not significant,which method is best to use?

• A)direct writeoff method
• B)percentage of credit sales method
• C)allowance method
• D)aging of accounts receivable method

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Definitions:

Practicing Stewardship

The responsible overseeing and protection of something considered worth caring for and preserving, often relating to environmental or resource management.

Articulating A Vision

The process of clearly expressing a future direction or goal of an organization or group to inspire and guide stakeholders.

Power Hungry

Having an insatiable desire for control, authority, or influence over others.

Loyal Followers

Individuals who consistently support and remain faithful to a leader, brand, or organization over time.