If the reliability of a telecommunications network is high, it is possible to use a distributed system for business

In accounting for credit losses:

Select one: A. The allowance method matches losses with related sales better than the direct write-off method B. The direct write-off method involves estimating credit losses C. The direct write-off method consistently understates assets on the balance sheet D. Both B and C

Flotation costs are typically greater in the secondary market than in the primary market

Indicate whether the statement is true or false