The Amortization of a Bond Discount Will Result in Reporting

question 183

Multiple Choice

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

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