I chose the correct answer because I felt it was most correct. But the way I read it was that if you had READ_COMMITTED_SNAPSHOT set to on, it would produce the same result? But that is not the case?

From BOL:

If READ_COMMITTED_SNAPSHOT is set to ON, the Database Engine uses row versioning to present each statement with a transactionally consistent snapshot of the data as it existed at the start of the statement. Locks are not used to protect the data from updates by other transactions.