An Appropriation of Retained Earnings of a Significant Amount

An appropriation of retained earnings of a significant amount:

A) Means that specific assets actually have been set aside for a specific purpose.
B) provides protection to the stockholders rather than to the creditors.
C) Can have a significant impact on the total amount of retained earnings when recorded.
D) Can be used to absorb extraordinary losses directly one of a significant amount.
E) Should be reversed when the purpose of the appropriation has been achieved.