The Amortization of a Bond Premium Will Result in Reporting

question 20

Multiple Choice

The amortization of a bond premium will result in reporting an amount of interest expense for an interest period that

• A)is less than the amount of cash to be paid for interest for the period.
• B)exceeds the amount of cash to be paid for interest for the period.
• C)equals the amount of cash to be paid for interest for the period.
• D)has no predictable relationship with the amount of cash to be paid for interest for the period.

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