Which of the Following Statements Is Not Correct Regarding Uncollectible

Which of the following statements is not correct regarding uncollectible accounts receivable?

A) The direct write-off method records the bad debt in the year that it is determined that a specific receivable cannot be collected.
B) The allowance method is based on the assumption that the percentage of receivables that will not be collected can be predicted from past experiences, present market conditions, and an analysis of outstanding balances.
C) The direct write-off method will provide for a proper matching of costs with revenues of the period when the average monthly accounts receivable balance is consistent throughout the year.
D) An uncollectible account receivable is a loss of revenue that requires through proper entry in the accounts a decrease in the asset accounts receivable and a related decrease in income and stockholders' equity.