Most Companies Will Use

Multiple Choice

Most companies will use:

A) the direct write-off method for interim statements and the allowance method at the end of the year.
B) the allowance method for interim statements and the direct write-off method at the end of the year.
C) the percent-of-sales method for interim statements and the aging-of-receivables method at the end of the year.
D) the aging-of-receivables method for interim statements and the percent-of-sales method at the end of the year.