Under the direct write-off method of recognizing a bad debt expense. Which of the following statements is/are true?

(A) The bad debt expense is not matched with the related sales
(B) Revenue is overstated in the year of sales
(C) It violates the matching principle of accounting
(D) All of the above

»Important Links:

Latest Jobs in PakistanGovt Jobs in PakistanPrivate Jobs in Pakistan
NTS JobsPPSC JobsFPSC Jobs
Teaching JobsNADRA JobsBank Jobs
English McqsGeneral Knowledge McqsPak Studies Mcqs
Current Affairs McqsCurrent Affairs Mcqs PDFCurrent Affairs of Pakistan
Books PDFNotes PDFIslamic Studies Mcqs

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!