The Reasons the Promotion of Alternative Accounting Models to Historical

The reasons the promotion of alternative accounting models to historical cost did not succeed include:

A) There was a lack of agreement as to which model was the best
B) The fact that such a change would have been extremely radical and costly
C) The fact that such a change would create huge economical consequences, and therefore those affected would lobby to protect their self-interest
D) All of the given options are correct.