Which of the following statements about the Direct Write-off method is true? a) All of these are

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Question:

Which of the following statements about the Direct Write-off method is true?

a) All of these are true of the Direct Write-off Method.
b) It is used when the effect of not applying the allowance method is immaterial.
c) It is used by businesses that have very few credit transactions.
d) It is simpler than the allowance method.