mezcala707
New member
- Nov 20, 2010
- 2
- 0
- 1
The effective interest amortization method:
a. Allocates bond interest expense using a changing interest rate
b. Allocates bond interest expense using a constant interest rate
c. Allocates a decreasing amount of interest over the life of a discounted bond
d. Allocates bond interest expense using the current market rate for each period
e. Is not allowed by the FASB
a. Allocates bond interest expense using a changing interest rate
b. Allocates bond interest expense using a constant interest rate
c. Allocates a decreasing amount of interest over the life of a discounted bond
d. Allocates bond interest expense using the current market rate for each period
e. Is not allowed by the FASB