Which of the Following Is a True Statement

Multiple Choice

Which of the following is a true statement?

A) The eight SFACs that comprise the conceptual framework were not evolutionary because they were derived from previous documents such as the Trueblood Report and ASOBAT.
B) The definitions of SFAC No. 6 were basically a restatement of the definitions of APB Statement 4.
C) The Achilles' heel of the document is SFAC No. 5, which reaffirmed historical cost as the basic measurement system.
D) The key document in the series of SFACs that comprise the conceptual framework is SFAC No. 1.