At the Time of a Business Acquisition

At the time of a business acquisition,

A) identifiable assets and liabilities are allocated the portion of the translation or remeasurement adjustment that existed on the date of acquisition.
B) a foreign entity's assets and liabilities are translated into U.S.dollars using the current exchange rate in effect on that date.
C) the difference between investment fair value and translated net assets acquired is treated as a remeasurement gain or loss on the income statement.
D) the difference between investment fair value and translated net assets acquired is recorded as a cumulative translation adjustment on the balance sheet.