Consequence of using the allowance method
Question: What is possible "consequence" of using the allowance method rather than the direct write-off method? The method fits the matching principle, is GAAP, the SEC likes it better, sounds better for investors, what could be bad?
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What is possible "consequence" of using the allowance method rather than the direct write-off method?
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Explain how understanding the whole and its parts informs an organization's leadership and management.
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