In Regard to Reconciling Income Reported on the Financial Statements

In regard to reconciling income reported on the financial statements to taxable income, which of the following statements is incorrect?

A) All differences between accounting income and taxable income are considered.
B) Only reversible differences are considered.
C) Only those that result in temporary differences are considered when determining deferred tax amounts for the statement of financial position.
D) Permanent differences may be added back to or deducted from accounting income.