One Disadvantage of the Allowance Method (Over the Direct Write-Off

question 57

True/False

One disadvantage of the allowance method (over the direct write-off method)for recording uncollectible accounts is that it generally matches bad debt expense with the revenue it helped to generate.

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Definitions:

Glossopharyngeal

Pertaining to the ninth cranial nerve, which carries sensory information from the back of the throat and taste from the posterior third of the tongue.

Hypoglossal

Relating to the twelfth cranial nerve, which is primarily responsible for controlling the muscles of the tongue.

Facial

Pertaining to the face, including structures, muscles, or expressions associated with the human face.

Umami

Umami, one of the five basic tastes, is the savory taste attributed to amino acids such as glutamate, and nucleotides.