If the direct write-off method is used to account for uncollectible accounts,which of the following statements is false?

Question

Quizplus · Accepted Answer

Under the direct write-off method, accounts receivable are not adjusted to reflect their net realizable value. Instead, specific accounts are directly written off when deemed uncollectible, without estimating future uncollectibles or adjusting the accounts receivable balance beforehand.

If the Direct Write-Off Method Is Used to Account for Uncollectible