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When is it acceptable to use the direct write-off method to account for uncollectible accounts? O When the expected bad debts
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Answer #1

Answer D. It is never acceptable to use the direct write off method under GAAP.

The direct write off method is not accepted under GAAP as it does not match revenue with the bad debt epenses.

2. False.

Under FIFO method most recent costs are assigned to ending inventory.

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Answer #2
when the expected bad debts are not significant
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