he ( ) is required when bad debts are material in amount
1、The ( ) is required when bad debts are material in amount.
A、Average-cost method
B、Specific identification method
C、Allowance method
D、Units-of-production method
【正确答案】C
【答案解析】The allowance method is required when bad debts are material in amount.
2、Accounting records are a systematic, chronological record of events in monetary units. ( )
对 错
【正确答案】对
【答案解析】The question is correct．
3、Accrual-basis accounting records financial events based on economic activity rather than financial activity. ( )
对 错
【正确答案】对
【答案解析】The question is correct．
