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Business, 12.03.2020 18:54 grandpamyth

The direct write-off method is generally not permitted for financial reporting purposes because: A. Compared to the allowance method, it would allow greater flexibility to managers in manipulating reported net income. B. Accounts receivable are not reported for the net amount of cash expected to be collected. C. This method is primarily used for tax purposes. D. It is too difficult to accurately estimate future bad debts.

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The direct write-off method is generally not permitted for financial reporting purposes because: A....
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