Which One of the Following Statements Regarding Operating Losses Is

Which one of the following statements regarding operating losses is false?

A) The tax benefit of an operating loss carryback is recognized in the period of loss as a current receivable on the balance sheet.
B) Temporary differences and operating loss carryforwards are accounted for similarly.
C) The journal entry to recognize an operating loss carryback would include a credit to Income Tax Benefit from Operating Loss Carryback.
D) The tax benefit of an operating loss carryforward is to be recognized in the period of loss as a current receivable.