When determining the proper treatment of a corporations organizational and start-up costs, which of the following is true?

a. The election must be made on the tax return for the first tax year you are in business, even if the return is not timely filed.

b. The period of amortization may be 60 months or more.

c. Costs associated with the transfer of assets to the corporation are amortizable organization costs.

d. Amortization of organization and start-up costs start with the month business operations begin.