Which of the Following Statements in Relation to the Australian

Which of the following statements in relation to the Australian Commonwealth government's borrowing programs is incorrect?

A) The early 1990s saw an increase in debt issues to fund the budget deficits at that time.
B) The government tends to fund short-term liquidity requirements with the issue of Treasury notes.
C) When government income exceeds forecast expenditures, the resulting deficit tends to be funded by short-term debt.
D) Fiscal constraint by successive Australian governments for the second part of the 1990s brought the government budgets back into surplus until recently.