Although IFRS Require the Use of the Lower of Cost

Although IFRS require the use of the lower of cost or market method to value inventory, some differences from GAAP still exist.Which of the following is not one of the differences?

A) Market is defined only as net realizable value in IFRS.
B) When write-downs occur, IFRS do not specify how the loss must be categorized in the income statement.
C) IFRS allow the reversal of a previous write-down.
D) IFRS define market only as replacement cost.