All of the Following Statements Regarding Sales Returns and Allowances

All of the following statements regarding sales returns and allowances are true except:

A) Sales returns and allowances estimates are typically made as period-end adjustments.
B) When sales returns and allowances adjustments are made to sales, an estimate must also be made for the cost side.
C) The Inventory Returns Estimated account is a current liability account.
D) New revenue recognition rules require sellers to report sales net of expected returns and allowances for annual periods.
E) Sales Refund Payable is a current liability account.