When Accounting for the Current Impact of Loss Carrybacks and Carryforwards

When accounting for the current impact of loss carrybacks and carryforwards it is proper to

A) recognize the tax benefit of the operating loss carryback and carryforward as an asset
B) recognize the tax benefit of the operating loss carryforward as an asset
C) recognize the tax benefit of the operating loss carryback as a deferred liability
D) recognize the tax benefit of the operating loss carryforward as a deferred liability