The (　　) is required when bad debts are material in amount

The (　　) 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．