Which of the above statements are true (Note: we can have more than one correct sentence. Please select the sentences you think they are correct)?

Consider the following statements:
1) Accounts with open item management must have line item display activated.
2) You can activate or deactivate open item management everytime, even if the account hasn’t a zero balance.
3) You can select both local and foreign currencies as account currency.
4) If the account is the local currency, the account can only be posted to this currency.
5) When using the "Only Balances in Local Currency" indicator in the master data record, transaction figures are only managed for amounts translated into local currency.
Which of the above statements are true (Note: we can have more than one correct sentence. Please select the sentences you think they are correct)? (3)
A. 1)
B. 2)
C. 3)
D. 4)
E. 5)

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