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Match Each of the Following Terms with the Appropriate Definitions

Question 171

Multiple Choice

Match each of the following terms with the appropriate definitions.
-The accounting constraint that states that an amount can be ignored if its effect on the financial statements is unimportant to its users.


A) Factoring accounts receivable
B) Allowance method
C) Accounts receivable turnover
D) Principal of a note
E) Materiality constraint
F) Installment accounts receivable
G) Pledging accounts receivable
H) Direct write-off method
I) Dishonoring a note
J) Full disclosure principle

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