Which of the Following Statements Is Correct

Which of the following statements is correct?

A) Applying accounting procedures requires effort and costs money.
B) Two factors constrain the qualitative characteristics of accounting information: materiality and cost-benefit.
C) The cost-benefit constraint requires that the benefit derived from the information outweighs the cost of providing it.
D) The concept of materiality permits a firm to expense the cost of some assets because their cost is immaterial in amount.
E) All of the above