Gains and Losses on Available-For-Sale Financial Assets Are Recognised Directly

Gains and losses on available-for-sale financial assets are recognised directly in equity until the financial asset is derecognised. At this time the cumulative gain or loss previously recognised is:

A) recognised in profit or loss.
B) transferred to a revaluation reserve account in equity.
C) charged against a provision for gains and losses account.
D) set-off against the relevant financial asset.