Identify Which of the Following Statements Is True

Identify which of the following statements is true.

A) Section 382 adopts a single- entity approach in determining ownership changes.
B) The 50- percentage- point minimum stock ownership change that triggers the Sec. 382 loss limitation rules will not occur in acquisitive transactions involving a group of corporations filing consolidated returns.
C) A built- in deduction accrues in a separate return year, but is not recognized in a consolidated return year.
D) All of the above are false.