Which of the Following Statements Concerning Financial Statement Presentation Is

Multiple Choice

Which of the following statements concerning financial statement presentation is false?

A) Intangibles are reported separately under Intangible Assets.
B) The balances of major classes of assets may be disclosed in the footnotes.
C) The balances of the accumulated depreciation of major classes of assets may be disclosed in the footnotes.
D) The balances of all individual assets as they appear in the accounting records should be disclosed in the footnotes.