Which of the Following Statements Is Correct

Multiple Choice

Which of the following statements is correct?

A) the identifiable assets acquired and the liabilities assumed must be measured at their fair value at acquisition date
B) the identifiable assets acquired and the liabilities assumed must be measured at their fair value at balance date
C) the identifiable assets acquired and the liabilities assumed must be measured at their recoverable amount at acquisition date
D) the identifiable assets acquired and the liabilities assumed must be measured at their book value at balance date