33. Identify which of the following statements is false. A) Brown Corporation owns 60% of Clark Corporation and 65% of Davis Corporation. Davis Corporation owns 10% of Clark Corporation, and Clark Corporation owns 10% of Davis Corporation. The remaining stock is owned by an individual shareholder. Brown, Davis, and Clark Corporations are a parent-subsidiary controlled group. B) There are three categories of control groups: parent-subsidiary, brother-sister, and combined. C) The controlled group test is applied on December 31. D) A controlled group must apportion certain tax benefits among its members.