Which of the Following Statements Is Always True Regarding Accounting

Which of the following statements is always true regarding accounting methods available to a partnership?

A) If a partnership is a tax shelter, it can use the cash method of accounting.
B) If a non-tax-shelter partnership had "average annual gross receipts" of less than $5 million in all prior years, it can use the cash method.
C) If a partnership has a partner that is a personal service corporation, it cannot use the cash method.
D) If a partnership has a partner that is a C corporation, it cannot use the cash method.
E) All of the above statements are false.