Straight-Line Amortization of Bond Premium or Discount

Straight-line amortization of bond premium or discount:

A) Can be used as an optional method of amortization in all situations.
B) Provides the same amounts of interest expense and interest revenue each interest period as the effective interest method.
C) Provides the same total amount of interest expense and interest revenue as the effective interest method over the life of the bonds.
D) is appropriate when the bond term is especially long.
E) is appropriate for deep discount bonds.