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The challenge businesses face when estimating the allowance for previously recorded sales is that: A....

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Accounting

The challenge businesses face when estimating the allowance for previously recorded sales is that:

A. at the time of the sale, it is not known which particular customer will be a "bad" customer

B. past default rates are not a good predictor of future default rates

C. In bad economic times,fewer customers will have problems with their payments

D. those sales have been closed into retained earnings

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