Which Method Is Not Allowed Under Generally Accepted Accounting Principles

question 109

Multiple Choice

Which method is not allowed under Generally Accepted Accounting Principles for the purpose of accounting for uncollectible accounts?

• A)Allowance method.
• B)Direct write-off method.
• C)Aging method.

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Definitions:

Endosteum

A thin, vascular membrane covering the internal surfaces of bones.

Diaphysis

The main or midsection (shaft) of a long bone, which is typically hollow and contains marrow.

Rheumatoid

Relates to rheumatoid arthritis, a chronic inflammatory disorder affecting many joints, including those in the hands and feet.

Rheumat

Pertaining to rheumatism, a term for conditions characterized by inflammation, pain, and swelling in the joints or muscles.