Under the direct write-off method, no attempt is made to match bad debt expense to sales revenues in the same accounting period.

Name: Under the direct write-off method, no attempt is made to match bad debt expense to sales revenues in the same accounting period.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The direct write-off method records bad debt expense only when specific accounts are deemed uncollectible, which may not align with the period in which the related sales revenue was recognized.

Under the Direct Write-Off Method, No Attempt Is Made to Match