Which of the Following Statements Is Not True

Multiple Choice

Which of the following statements is not true?

A) Under the fair value through other comprehensive income model gains and losses are critical to the evaluation of management.
B) Under the fair value through profit or loss model, both realized and unrealized gains and losses are reported in the income statement.
C) Under the amortized cost model, no unrealized gains or losses are reported.
D) Non-strategic investments are purchased to generate investment income.