For the Purposes of Recognising an Item of Property, Plant

Multiple Choice

For the purposes of recognising an item of property, plant and equipment, the acquisition date is defined in AASB 3 Business Combination as the date:

A) on which the acquirer obtains control of the acquiree.
B) the contract to exchange the assets is signed.
C) on which the offer to acquire the asset becomes unconditional.
D) the consideration is paid.