Which of the following statements regarding charitable contributions is false?
A) Only contributions made to qualified charitable organizations are deductible.
B) Charitable contribution deductions are subject to a limitation based on the corporation's taxable income (before certain deductions).
C) Corporations can qualify to deduct a contribution before actually paying the contribution to the charity.
D) The amount deductible for noncash contributions is always the adjusted basis of the property donated.
Answer: D