Question: A bond discount must... A.always be amortized using straight-line amortization. B.always be amortized using the effective-interest method. C.be amortized using the effective-interest method if it

A bond discount must...

A.always be amortized using straight-line amortization.

B.always be amortized using the effective-interest method.

C.be amortized using the effective-interest method if it yields annual amounts that are materially different than the straight-line method.

D.be amortized using the straight-line method if it yields annual amounts that are materially different than the effective-interest method.

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