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  3. Study Set
    Fundamental Financial Accounting Concepts
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    Exam 7: Accounting for Receivables
  5. Question
    The Percent of Revenue Method for Estimating Uncollectible Accounts Expense
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The Percent of Revenue Method for Estimating Uncollectible Accounts Expense

Question 96

Question 96

True/False

The percent of revenue method for estimating uncollectible accounts expense is considered superior to the percent of receivables method because it is more conservative.

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