Which of the following statements is false?

	A.	C corporations & partnerships with a C Corp partner may NOT use the cash basis method of accounting unless the average annual gross receipts of the entity are less than or equal to $5 million. Tax shelters may NOT use the cash basis method of accounting regardless of the amount of their gross receipts.
	B.	Under the accrual basis of tax accounting, income recognition may be postponed when there is a possibility that the income may have to be returned or refunded.
	C.	For accrual basis taxpayers, income recognition is determined by the "right" to receive income and NOT its actual receipt.
	D.	All of the above are true.