AASB 102 requires disclosure of which of the following?

I. The carrying amount of inventories by class.

II. The accounting policy adopted by the entity in relation to inventories valuation.

III. Separate disclosure of the carrying amount of inventories carried at cost and those carried at net realisable value.

IV. Details of reversals of prior year write-downs.

II and III only

I, II and III only

II, III and IV only

I, II, III and IV