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  3. rect question 27 0/2 pts which of the following is

rect Question 27 0/2 pts Which of the following is false regarding uncollectible accounts? To...

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Accounting

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rect Question 27 0/2 pts Which of the following is false regarding uncollectible accounts? To manage bad debts, companies often choose a profit-maximizing balance which makes uncollectible accounts unavoidable Most companies establish credit policies by weighing the expected cost of credit sales against the expected beneft of increased sales Accrual accounting requires that some estimate of uncollectible accounts be offset against current period sales Companies are generally not able to adopt stringent credit standards to keep bad debt losses at a iminimum

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