Which One of the Following Statements About Assets Is Not

Which one of the following statements about assets is not true?

A) Non-current assets are those assets that are purchased for resale in the normal course of business and are acquired with the intention of reselling them immediately or in the near future.
B) Non-current assets are made up of intangible assets, property, plant and equipment and investments.
C) Entities are now allowed to value different classes of assets either at cost or at fair value.
D) The IASB has laid down the rule that an asset can only be recognized in the statement of financial position when the value of that asset can be measured in such a way that a faithful representation is achieved.