Which of the Following Is Not True About Recognizing Unrealized

Which of the following is not true about recognizing unrealized gains and losses on equity investments?

A) If the investor does not have significant influence over the investee, the equity investment is always accounted for as FV-NI.
B) The investor can use the FV-OCI approach if the equity is held for purposes of maximizing return on investment or managing risk.
C) The investor will recognize unrealized gains and losses in earnings in the period in which fair value of the investment changes.
D) If the investor has significant influence but not control over the investee, the equity method is useD.Answer B applies to the FV-OCI method for debt investments, not equity investments.