Under the Financial Capital Concept, Profit Exists

Under the financial capital concept, profit exists:

A) only after the entity has set aside enough capital to maintain the operating capability of its assets.
B) only when the effects of inflation have been considered.
C) only when the entity's assets are higher than their liabilities.
D) only after the entity has maintained it capital, measured at the dollar value of equity, or the purchasing power of those dollars, at the beginning of the period.