Under the section $704($c$)$ regulations $$traditional method with curative$$ allocations, a partnership:

Group of answer choices

Is not allowed to make curative allocations of other tax items of income, gain$/$loss or deductions.

Is allowed to make curative allocations of other tax items of income, gain$/$loss or deductions, even if they are different in character as the item limited by the ceiling rule.

Is not allowed to make curative allocations of other tax items of income, gain$/$loss or deductions, even if they are the same in character as the item limited by the ceiling rule.

Is allowed to make curative allocations of other tax items of income, gain$/$loss or deductions, only if they are the same in character as the item limited by the ceiling rule.