multiple choice question\nthe direct write - off method violates which accounting concept?\nrecording…

multiple choice question\nthe direct write - off method violates which accounting concept?\nrecording revenue in the period goods or services are provided to customers.\nmatching expenses to their revenues in the same period.\ncomparability of financial statements across companies.\nconsistency in the accounting methods chosen.

multiple choice question\nthe direct write - off method violates which accounting concept?\nrecording revenue in the period goods or services are provided to customers.\nmatching expenses to their revenues in the same period.\ncomparability of financial statements across companies.\nconsistency in the accounting methods chosen.

Answer

Brief Explanations:

The direct - write - off method records bad debt expense only when an account is determined to be uncollectible. It does not match the bad debt expense with the related revenue in the same period. The matching principle requires that expenses be matched with the revenues they help to generate.

Answer:

Matching expenses to their revenues in the same period.