Under IAS 36/AASB 136 Impairment of Assets, Which of the Following

Under IAS 36/AASB 136 Impairment of Assets, which of the following statements are true?
I. When an asset's carrying amount is less than its recoverable amount the asset is said to suffer impairment.
II. Impairment losses are accounted for as a revaluation decrease if the revaluation model is used.
III. Impairment losses must be recognised as an expense in that period if the cost model is used.

A) None of the above
B) I and III only
C) II and III only
D) I, II and III