Step 1: Concept IR spectroscopy measures molecular vibrations, especially the CO stretching frequency ($\nu_{CO}$).
Step 2: Meaning $\nu_{CO}$ is sensitive to the bonding environment of the CO ligand.
Step 3: Analysis IR helps determine geometry via the number of bands (A). It reflects bond order through frequency shifts (B). Bridging CO has lower frequency than terminal CO (C). It can monitor reaction kinetics by tracking band changes (E). IR cannot determine enantiomerism (D) as enantiomers have identical IR spectra.
Step 4: Conclusion Features A, B, C, and E are applicable.
Final Answer: (B)