Which of the following is correct for the impairment of proved oil and gas properties under the SE method? Group of answer choices

A. A temporary decline in the price of oil is sufficient to require testing for impairment.

B. A hostile action by the government of a country in which the company is operating would likely indicate the need to test for impairment of those assets.

C. The company compares the carrying value of the proved property to its discounted future cash flows to determine whether it is impaired.

D. The carrying value of an asset that has been written down by recognizing an impairment may later be increased if the fair value increases.