display:inline with margin, padding, width, height

Question

If I set display:inline for any element then will margin, padding, width, height not affect on that element?

Is it necessary to use float:left or display:block or display:inline-block to use margin, padding, width, height on that element?

Answer 1

Padding will work for inline. Height and width however will not.

http://jsfiddle.net/d89Wd/

Edit:corrected