In determining changes to a partner's outside basis, which of the following statements is false?

Question options:

	a. All revenue items increase outside basis even if not taxable and all expenditure items reduce outside basis even if not deductible
	b. Only taxable income increases outside basis and only deductible expenditures reduce outside basis
	c. A reduction of a partner's share of liabilities reduces outside basis
	d. usually a partner will reduce outside basis by the inside basis of any property distribution received