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The Amortization of a Bond Premium Will Result in Reporting

Question 20

Multiple Choice

The amortization of a bond premium will result in reporting an amount of interest expense for an interest period that


A) is less than the amount of cash to be paid for interest for the period.
B) exceeds the amount of cash to be paid for interest for the period.
C) equals the amount of cash to be paid for interest for the period.
D) has no predictable relationship with the amount of cash to be paid for interest for the period.

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