Which of the Following Statements Is True When the Straight-Line

Multiple Choice

Which of the following statements is true when the straight-line method is used to compute amortization?

A) The carrying value of an asset is a constant amount during the asset's useful life.
B) Accumulated amortization is a constant amount during the asset's estimated useful life.
C) Amortization expense per period is the amortizable cost divided by the number of periods in the asset's useful life.
D) None of the above.