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Author Question: The allowance method is preferred over the direct write-off method because it better matches the ... (Read 73 times)

olgavictoria

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on: Jul 5, 2018
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


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bulacsom

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Reply #1 on: Jul 5, 2018
Answer to Question 1

TRUE

Answer to Question 2

a


olgavictoria

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Reply 2 on: Jul 5, 2018
Wow, this really help

triiciiaa

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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