Which of the Following Statement Is Incorrect Regarding How the IASB

Which of the following statement is incorrect regarding how the IASB requires that the impairment assessment be performed?

A) Receivables that are individually significant should be considered for impairment separately, if impaired, the company recognizes it.
B) Receivables that are not individually significant are assessed individually. If impaired, the company recognizes it.
C) Any receivable individually assessed that is not considered impaired should be included with a group of assets with similar credit-risk characteristics and collectively assessed for impairment.
D) Any receivables not individually assessed should be collectively assessed for impairment.