Click to watch the Tell Me More Learning Objective 2 video and then answer the questions below. 1. Generally accepted accounting principles (GAAP) require companies with a large amount of receivables to use a. the allowance method. b. the direct write-off method. c. either the allowance method or the direct write-off method. d. None of these choices are correct. 2. The records bad debt expense only when an account is determined to be worthless. a, allowance method b. direct write-off method c. gradual write-off method d. None of these choices are correct. Chapter 9 Motivation Assignment Content Area