Which of the following statements is false?

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter11: Investor Losses
Section: Chapter Questions
Problem 1BCRQ
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Which of the following statements is false?
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A realized gain that is never recognized results in the temporary recovery of more than the taxpayer’s cost or other basis for tax purposes.
A realized loss on which recognition is postponed results in the temporary recovery of less than the taxpayer’s cost or other basis for tax purposes
A realized loss that is never recognized results in the permanent recovery of less than the taxpayer’s cost or other basis for tax purposes.
A realized gain on which recognition is postponed results in the temporary recovery of more than the taxpayer’s cost or other basis for tax purposes.
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