Step 1: Set up the four equations.
We are told:
\[ A + B + C = 118 \quad \text{(ii)} \]
\[ B + C + D = 156 \quad \text{(ii)} \]
\[ C + D + A = 166 \quad \text{(iii)} \]
\[ D + A + B = 178 \quad \text{(iv)} \]
Each equation leaves out exactly one of the four letters, which is the key to solving this quickly.
Step 2: Add all four equations.
Adding (ii), (ii), (iii) and (iv), each of \(A\), \(B\), \(C\) and \(D\) appears in exactly 3 of the 4 equations, so the left side becomes \(3(A+B+C+D)\).
The right side is \(118 + 156 + 166 + 178 = 618\).
So \(3(A+B+C+D) = 618\), which gives \(A + B + C + D = 206\). Call this equation (vv).
Step 3: Find each letter by subtracting one equation from (vv) at a time.
Equation (ii) leaves out \(D\), so subtracting (ii) from (vv) leaves just \(D\): \(D = 206 - 118 = 88\).
Equation (ii) leaves out \(A\), so subtracting (ii) from (vv) leaves just \(A\): \(A = 206 - 156 = 50\).
Equation (iii) leaves out \(B\), so subtracting (iii) from (vv) leaves just \(B\): \(B = 206 - 166 = 40\).
Equation (iv) leaves out \(C\), so subtracting (iv) from (vv) leaves just \(C\): \(C = 206 - 178 = 28\).
Step 4: Check the numbers add up correctly.
\(A + B + C + D = 50 + 40 + 28 + 88 = 206\), which matches (vv), so the values are consistent.
Checking equation (ii): \(A + B + C = 50 + 40 + 28 = 118\), correct.
Step 5: Test each conclusion against the values \(A=50, B=40, C=28, D=88\).
Conclusion I says A is smallest and A = 21. The actual smallest value is \(C = 28\), not \(A\), and \(A\) actually equals \(50\), not \(21\). So Conclusion I is false.
Conclusion II says D is largest and D = 88. Comparing all four values \(50, 40, 28, 88\), the biggest one is \(88\), belonging to \(D\). So Conclusion II is true.
Conclusion III says B is largest and B = 56. But \(B = 40\), not \(56\), and the largest value is \(D = 88\), not \(B\). So Conclusion III is false.
Step 6: Match with the answer options.
Only Conclusion II turned out to be true, and Conclusions I and III were both false, so the option claiming only conclusion II can be derived is correct. This rules out the only I, only III, and all conclusions options.
Final Answer:
Only Conclusion II can be derived: D is the largest number, and D = 88.
\[ \boxed{D = 88} \]