This year Ace Electronics tried calculating its bad debts expense two different ways.Using a percentage of credit sales,bad debts expense would be $1,500.Based on an aging of accounts receivable,however,bad debts expense would be only $1,200.If Ace decides to report $1,200 of bad debts expense,this accounting choice would be considered ________.
A) conservative
B) fundamental
C) basic
D) aggressive
Correct Answer:
Verified
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