Question: Theoretically, which statement is true of the effective interest method of bond amortization? The effective interest method is easier to use than the straight-line amortization

Theoretically, which statement is true of the effective interest method of

Theoretically, which statement is true of the effective interest method of bond amortization? The effective interest method is easier to use than the straight-line amortization method. The effective interest method can be used if the computation produces a material difference, compared with the straight-line method The effective interest method produces a result that is based on a constant rate of interest The effective interest method produces a result that is based on a constant interest expense

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