Under Modified Accrual Accounting,when Should an Expenditure to Recognize Interest

Multiple Choice

Under modified accrual accounting,when should an expenditure to recognize interest on long-term debt be recorded?

A) at the end of each accounting period.
B) when payment is due within one fiscal year.
C) when payment is due.
D) when cash is available to pay the interest.
E) when the interest is incurred.