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The Aging-Of-Receivables Method for Estimating Uncollectible Accounts

Question 33

Multiple Choice

The aging-of-receivables method for estimating uncollectible accounts:


A) results in an immediate write-off of receivables that are more than 90 days past due.
B) focuses on the amount of receivables that will not be collected.
C) uses a balance sheet approach.
D) B and C.

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