With Respect to the Deferral Provisions for Replacement Property, Which

With respect to the deferral provisions for replacement property, which of the following statements is NOT correct?

A) In the case of involuntary dispositions, for the deferral provisions to apply, the replacement of the property must occur within 24 months after the end of the year in which the proceeds of disposition were received.
B) Provided the replacement cost of the property exceeds the proceeds of disposition, 100 percent of any capital gain that results from an involuntary disposition can be reversed.
C) When the disposition is voluntary, the deferral provisions only apply to former business properties.
D) Provided the replacement cost of the property is less than the proceeds of disposition, 100 percent of any recapture recognized as a result of an involuntary disposition can be reversed.