Question: The direct write - off method is generally not permitted for financial reporting purposes because Multiple Choice This method is primarily used for tax purposes.

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

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