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

The direct write-off method is generally not permitted for financial reporung purposes because Multiple Choice This method is primarily used for tax purposes. It is too dicult to accurately estimate future bad debts. Compared to the allowance method. It would allow greater excity to managers in manipulating reported net income. Accounts receivable are not states for the amount of can expected to be collectee

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