Which one of the following statements regarding Standard Accounting Principles (SAP) and Generally Accepted Accounting Principles (GAAP) is correct? Available answer options Select only one option A Insurers may amortize acquisition expenses under SAP, but not under GAAP. B Insurers may not amortize acquisition expenses under either method. C Insurers may amortize acquisition expenses under GAAP, but not under SAP. D Insurers may amortize acquisition expenses under either method