A Theoretical Difference Between the Effective Interest Method and the Straight-Line

Multiple Choice

A theoretical difference between the effective interest method and the straight-line amortization method is that

A) the effective interest method is easier to use
B) the effective interest method can be used if there is a material difference in the computation when compared to the straight-line method
C) the effective interest method produces a result that is based on a constant rate of interest
D) the effective interest method produces a result that is based on a constant interest expense