Under IFRS, which of the following is not permitted for accounting for material amounts of uncollectable accounts receivable?

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The direct write-off method is not permitted under IFRS for material amounts of uncollectable accounts receivable. Instead, companies are required to use either the percentage of receivables or the percentage of sales method, both of which involve estimating the amount of uncollectable accounts and recording an allowance for that amount.

Under IFRS, Which of the Following Is Not Permitted for Accounting