What Explains the Reason for the Historically Very Low (1/3

question 34

Multiple Choice

What explains the reason for the historically very low (1/3% to 1/2%) limit on allowance for doubtful accounts in China?

• A)The primary customer in China was the government,which was presumed to have very good credit.
• B)This is the international accounting standard for companies operating in eastern Asia.
• C)Prior to being admitted to the World Trade Organization (WTO),China was required to reduce its bad debt level.
• D)all of the above

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Gender Identities

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