Which of the Following Statements Is Not a Characteristic of the LIFO

Which of the following statements is not a characteristic of the LIFO method of pricing inventory?

A) During a period of rising prices, LIFO tends to minimize the amounts of income taxes owed.
B) The cost of goods sold is measured in relatively current costs.
C) Inventory is valued at relatively current costs.
D) None of the above; these statements all describe characteristics of the LIFO method.