Which of the Following Is Not True About Accounting for Investments

Multiple Choice

Which of the following is not true about accounting for investments under IFRS?

A) IFRS allows proportionate consolidation of investments where two or more investors have joint control.
B) IFRS is more restrictive than U.S.GAAP concerning when an investor can elect the fair value option.
C) IFRS requires that the accounting policies of an investee be adjusted to correspond to those of the investor when applying the equity method.
D) IFRS does not allow use of the equity method where two or more investors have joint control.