Which of the Following Statements Regarding Losses Recorded by the Associate

Which of the following statements regarding losses recorded by the associate or joint venture is FALSE?

A) The entity's share of losses of an associate or joint venture is recognized but only to the point where the carrying amount of the investment in the associate or joint venture is zero.
B) The share of losses may be offset against other investments the entity has in the associate or joint venture such as long-term receivables.
C) If, after reporting losses, an associate earns a profit, the entity recognizes a share of profits only after the share of profits exceeds the share of past losses not recognized.
D) If, after reporting losses, a joint venture earns a profit, the entity does not recognize a share of profits ever.