Why is the aging method, used to calculate the allowance for doubtful accounts, preferable to using a single percentage for all receivables? Select all that apply.

Question 65 options:

a)	It can provide a better estimate than a one-size-fits-all approach.

b)	It assumes that accounts which are current are always fully collectable.

c)	It is the only method allowed by GAAP.

d)	It recognizes that older accounts are less likely to be collected.

e)	It is easier to assign reasonable percentages to several categories than to use one percentage only for all accounts receivable.