Which of the following statements is true regarding the straight-line method of amortizing discounts and premiums on bonds?

A. It accurately reports the amount of interest expense incurred during each interest period.
B. It uses compound interest principles.
C. It assigns variable amounts of interest over the term of the liability.
D. It assigns the same amount of interest to each interest period over the life of the bond.


Answer: D

Business

You might also like to view...

______ conditioning behaviors are direct because the learning occurs as a result of something happening directly to the employee.

A. Operant B. Classical C. Plateau D. Competency

Business

Which of the following accounts for the majority of complaints received by service businesses?

A) service providers failing to be reliable B) exaggerated customer expectations C) employees who fail to be empathetic D) miscommunication during the service encounter E) exaggerated management expectations

Business

Entrepreneurs are often both owners and ________.

A. creditors B. employees C. customers D. suppliers

Business

Consultants may use scripts and ________ to help automate some of the more common tasks that occur during an implementation

A) wizards B) merlins C) consultants D) hardware E) none of the above

Business