The Benefits of Filing a Consolidated Tax Return Include All

The benefits of filing a consolidated tax return include all of the following except

A) Gross profits from intra-entity transfers are not taxed until such amounts are recognized for financial statement reporting purposes.
B) Recognition of gross profits from intra-entity transfers is deferred for income tax recognition purposes.
C) The issuance of dividends between related entities are not taxable.
D) Losses incurred by an affiliated company can be used to reduce taxable income earned by other members to that affiliated group.
E) Gross profits on intra-entity transfers are taxed before they are recognized for financial statement reporting purposes in the year of the transfer, but any such losses are deferred.