_____ Under APB Opinion No. 28

_____ Under APB Opinion No. 28,

A) Physical inventories must be taken at the end of each interim quarter.
B) When LIFO base period inventories are liquidated at an interim date but are expected to be replaced by the end of the annual period, cost of goods sold for the interim period are not to include the cost of replacing the liquidated LIFO base.
C) Market price declines at interim dates pertaining to inventories that are not temporary need not be recognized at the interim date.
D) Volume or capacity variances of inventoriable-type costs cannot be deferred at interim reporting dates.
E) None of the above.