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    Intermediate Accounting Study Set 14
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    Exam 13: Financial Instruments: Long-Term Debt
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    Use of the Effective Interest Method for Amortizing Bond Premiums
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Use of the Effective Interest Method for Amortizing Bond Premiums

Question 44

Question 44

True/False

Use of the effective interest method for amortizing bond premiums and discounts is mandatory under IFRS but not under ASPE.

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