Which of the Following Statements with Respect to Tax Reference

Multiple Choice

Which of the following statements with respect to tax reference materials is correct?

A) Income Tax Folios are a legislative source of guidance.
B) Income Tax Regulations are gradually being replaced by Income Tax Folios.
C) Interpretation Bulletins are gradually being replaced by Information Circulars.
D) The Income Tax Act is the most important source of information for dealing with matters related to the federal income tax.