Under IFRS, Which of the Following Is Not Permitted for Accounting

question 76

Multiple Choice

Under IFRS, which of the following is not permitted for accounting for material amounts of uncollectable accounts receivable?

• A)Percentage of receivables, allowance method.
• B)Percentage of sales, allowance method.
• C)Direct write-off method.
• D)All of the choices are acceptable under IFRS.

---

Definitions:

Variable Interval Schedule

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, leading to a variable response pattern.

Variable Ratio Schedule

A reinforcement schedule where a response is reinforced after an unpredictable number of responses, leading to a high and steady rate of response.

Fixed Interval Schedule

A reinforcement schedule that rewards the first response after a predetermined period has passed.

Chocolate Ice Cream

A frozen dessert made from dairy products and flavored with cocoa and sugar, among other ingredients.