The direct write-off method is generally not permitted for financial reporting purposes because: A. Compared to the allowance method, it would allow greater flexibility to managers in manipulating reported net income. B. Accounts receivable are not reported for the net amount of cash expected to be collected. C. This method is primarily used for tax purposes. D. It is too difficult to accurately estimate future bad debts.

1. gar principles or "the principles"are intended to do what?

What is the advantage of developing criteria for assessing the effectiveness of business products and processes? a. assessment criteria are answers. b.assessment criteria are inexpensive. c.assessment criteria provide you with a list of relevant things to measure. d.assessment criteria provide you with a list of people to contact to learn more about process mentoring.

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.