Which of the Following Statements Concerning the Tax Treatment of Interest

Which of the following statements concerning the tax treatment of interest income is true?

A) Individuals must accrue interest on a daily basis.
B) The anniversary day accrual method of recognizing interest income requires that interest income received by a corporation be recognized for tax purposes for every twelve-month period from the date the investment is made.
C) Foreign interest income and Canadian interest income are recognized under different sets of tax rules.
D) The anniversary day accrual method of recognizing interest income requires that interest income received by an individual be recognized for tax purposes for every twelve-month period from the date the investment is made.