Which of the following is FALSE about section 1245 depreciation recapture?

A. It only occurs when the depreciation on the asset has exceeded the true economic reduction in value of the asset over time

B. It applies to Accounts Receivable

C. It impacts the character fo the gain not the amoutn of the gain

D. It prevents gain on depcreciable property from receiving capital gain treatment on some of the realized gain.

E. More than 1 is correct