The Direct Write-Off Method

question 137

Multiple Choice

The direct write-off method

• A)recognizes losses from uncollectible accounts in the period when a firm decides that specific customers' accounts are uncollectible.
• B)does not usually recognize the loss from uncollectible accounts in the period in which the sale occurs and the firm recognizes revenue.
• C)provides firms with an opportunity to manage earnings each period by deciding when particular customers' accounts become uncollectible.
• D)all of the above.
• E)none of the above.

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