According to GAAP, the interest paid semiannually on a bond payable can always be computed using straight-line method.

Name: According to GAAP, the interest paid semiannually on a bond payable can always be computed using straight-line method.
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The interest paid on a bond payable cannot always be computed using straight-line method. The effective interest rate method may be required if the bond's interest rate is not constant throughout its term or if the bond is issued at a premium or discount.

According to GAAP, the Interest Paid Semiannually on a Bond