What is the correct answer? This is for a personal taxation class.

Which of the following statements conceming the tax treatment of interest income is true? Multiple Cholce The anniversary day accrual method of recognizing interest income requires that interest income recelved by a corporation be recognized for tax purposes for every twelve-month period from the date the investment is made. The anniversary day accrual method of recognizing interest income requires that interest income received by an individual be recognized for tax purposes for every twelve-month period from the date the investment is made. Foreign interest income is exempt from taxes in Canada. Individuals must accrue interest on a daily basis