The accounting treatment of uncertain tax positions is determined through the application of a two-step process. Which of the following statements is not true regarding this process?

A) To meet the recognition threshold, it must be more likely than not that the taxpayer will maintain its tax position in a dispute with taxing authorities.

B) A tax benefit related to an uncertain tax position is measured as the largest amount of tax benefit that is greater than 50% likely of being realized.

C) A tax benefit related to an uncertain tax position will only be recognized if it is more likely than not to meet the recognition threshold

D) In determining whether the recognition threshold is met, the company must assume that audit by the taxing authority will take place