The materiality constraint, as applied to bad debts:

$0\mathrm{.}66$ points

$8$

$00$:$24$:$06$

Multiple Choice

Permits the use of the direct write$-$off method when its results approximate those of the allowance method.

Requires use of the pledge method for bad debts.

Requires use of the direct write$-$off method.

Requires that bad debts not be written off.

Requires that expenses be reported when paid in cash.