When the direct write-off method is used to recognize uncollectible accounts expense, an Allowance for Impairment is not required.

Name: When the direct write-off method is used to recognize uncollectible accounts expense, an Allowance for Impairment is not required.
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Quizplus · Accepted Answer

The direct write-off method records uncollectible accounts expense only when specific accounts are deemed uncollectible, eliminating the need for an allowance account.

When the Direct Write-Off Method Is Used to Recognize Uncollectible