(A) "turn out" - means attendance/crowd at an event; "There was a very large turn out at the concert"
(B) "turn up" - means to appear/attend; "I am not going to turn up for the concert this year"
(C) "turn down" - means to reject/refuse; "I did not expect her to turn down the offer of promotion"
(D) "turn over" - means revenue/sales or employee turnover in business context; "The company had an extremely high turn over in this quarter"
Hence, Option 2: (A) - (II), (B) - (IV), (C) - (I), (D) - (III) -> Each phrasal verb correctly fits the context: turn out for crowd attendance, turn up for appearing at events, turn down for refusing offers, and turn over for business metrics -> correct