This topic contains a solution. Click here to go to the answer

Author Question: The allowance method is preferred over the direct write-off method because it better matches the ... (Read 38 times)

olgavictoria

  • Hero Member
  • *****
  • Posts: 528
The allowance method is preferred over the direct write-off method because it better matches the expense of bad debts in the same period as the related sale.
 
  Indicate whether the statement is true or false

Question 2

The number of days' sales in inventory measures
 a. the length of time it takes to acquire, sell, and replace the inventory
  b. the length of time it takes to acquire and receive payment for the inventory
  c. the number of days inventory is on hand prior to sale
  d. the number of days inventory takes to arrive after ordering



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bulacsom

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

TRUE

Answer to Question 2

a




olgavictoria

  • Member
  • Posts: 528
Reply 2 on: Jul 5, 2018
:D TYSM


tkempin

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

For a complete list of videos, visit our video library