CCA may not be claimed on an asset until it is available for use. Which of the following describes when a depreciable capital asset is considered available for use? Question 5 options:

A. The earlier of the first time the asset is used by the taxpayer and the second taxation year following the year of acquisition

B. Only at the first time the asset is used by the taxpayer

C. Only in the second taxation year following the year of acquisition

D. As soon as the asset is purchased by the taxpayer