All of the offered answers are correct:
• Some forms of chromatin modification can be passed on to future generations of cells.
This is the part of epigenetics which studies heritable phenotype changes that do not involve alterations in the DNA sequence and most often changes that affect gene activity and expression.
• Acetylation of histone tails is a reversible process.
Histone acetylation is a process of histone modification that occurs by the enzymatic addition of an acetyl group (COCH3) from acetyl coenzyme A via histone acetyltransferases (HATs). On the other hand, histone deacetylaces (HDACs) are the enzymes that catalyze the hydrolytic removal of acetyl groups which is the opposite process of acetylation.
• DNA is not transcribed when chromatin is packaged tightly in a condensed form.
When chromatin is in condensed form (associated with structural proteins in heterochromatin) that means that genes areinactive ("turned off").
• Acetylation of histone tails in chromatin allows access to DNA for transcription.
Histone acetylation is often associated with an open chromatin structure meaning that it promotes transcription and increase gene expression.
Methylation of histone can have different effects on transcription (it is implicated in both transcriptional activation and repression) depending on the methylation site. For example, arginine methylation promotes transcriptional activation, while lysine methylation can promote activation and repression (condensation of the chromatin).