Which of one of the following statements concerning investments is correct : a Select one :

a The balance of the investment account is reported at purchase cost less than any impairment losses when FVTPL used

B The purchase of 1,000 shares of a public company to earn investment income should be recorded as a strategic investment

C Dividends received from an investment in an associate treated as investment income when the equity method is used

D The balance of the investment account is adjusted to fair value at the end of each year when the equity method is used

E Our degree of influence over another company is key to deciding whether an investment is strategic