In This Year's Tax Return, T Corporation Decided to Account

In this year's tax return, T Corporation decided to account for certain international transactions in a specific matter.However, the tax treatment is not certain and there is a chance that if audited, the company would not prevail.Which of the following statement is false regarding the corporation's requirement to report the transaction for tax purposes (i.e., file Schedule UTP) ?

A) The corporation need not file if its assets are less than $100 million.
B) The corporation need not file if it is an S corporation.
C) The corporation need not file if it did not record a reserve for the position in its audited financial statements.
D) The corporation need not file if it did not issue audited financial statements.
E) More than one of the above is false.