Where Which of the Following Conditions Exist, Is the Equity

Multiple Choice

Where which of the following conditions exist, is the equity method not applied to associates? I. The entity is a wholly owned subsidiary or a partly owned subsidiary and its owners do not object to the entity not applying the equity method.
II) The entity's debt or equity securities are not traded in a public market.
III) The entity has not filed financial statements with a regulatory organisation for the purpose of issuing any class of securities in a public market.
IV) The ultimate parent of the entity publishes consolidated financial statements that comply with IFRS.

A) I and IV only
B) II and III only
C) I, II and III only
D) I, II, III and IV