All of the Following Regarding Reversing Entries Are Except

Multiple Choice

All of the following regarding reversing entries are except:

A) Reversing entries are optional.
B) Reversing entries are recorded in response to accrued assets and accrued liabilities that were created by adjusting entries at the end of the previous accounting period.
C) Reversing entries are used to simplify a company's recordkeeping.
D) Reversing entries are dated the first day of the new accounting period.
E) Reversing entries are not the exact opposite of adjusting entries.