With Regard to Capitalization of Infrastructure, Which of the Following

With regard to capitalization of infrastructure, which of the following is true?

A) All infrastructure must be capitalized on the financial statement before GASB Statement No.34 can be implemented.
B) Only large governments must capitalize all infrastructure on the date they implement GASB Statement No.34.
C) Small and medium size governments may elect to delay capitalization of infrastructure.
D) Small governments may omit capitalizing all infrastructure acquired before the date on which they implement GASB Statement No.34.