The Percent-Of-Sales Method of Computing Uncollectible Accounts for Accounts Receivable

The percent-of-sales method of computing uncollectible accounts for Accounts Receivable is used by most companies for:

A) interim statements because it ensures that Accounts Receivable are reported at net realizable value.
B) annual statements because it is more accurate than the aging method.
C) interim statements because it is easier than the aging method.
D) annual statements because it focuses on the amount of receivables that is uncollectible.