Which tax accounting statement is incorrect?

Question $5$ options:

One of the elements of Section $467$ is that$$it requires some landlords and tenants to go onto the accrual method of accounting for rental income and deductions.

A cash or accrual method taxpayer recognizes gains and losses from the sale of stock or securities traded on an established securities market on the trade date rather than the settlement date

In the case of any long$-$term contract, a manufacturer or contractor generally must use the percentage of completion method of accounting.

OID income is generally determined using the constant yield method,