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    Exam 8: Receivables,Bad Debt Expense,and Interest Revenue
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    The Direct Write-Off Method Is Not Allowed Under GAAP Because
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The Direct Write-Off Method Is Not Allowed Under GAAP Because

Question 26

Question 26

Multiple Choice

The direct write-off method is not allowed under GAAP because it violates the:


A) cost principle.
B) revenue recognition principle.
C) sales method.
D) expense recognition principle ("matching") .

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