Which of the Following Is True Regarding LIFO and FIFO

Which of the following is true regarding LIFO and FIFO?

A) In a period of decreasing costs,LIFO results in lower total assets than FIFO.
B) In a period of decreasing costs,LIFO results in lower net income than FIFO.
C) In a period of rising costs,LIFO results in lower net income than FIFO.
D) The amount reported for COGS is based on market value of inventory if LIFO is used.