When Are Parent Companies Allowed to Comprehensively Revalue the Assets

Multiple Choice

When are parent companies allowed to comprehensively revalue the assets and liabilities of a subsidiary to their fair values at the acquisition date, following a business combination?

A) When reporting under ASPE and there is a significant non-controlling interest.
B) When reporting under ASPE and there is an insignificant (or no) non-controlling interest.
C) When reporting under IFRS and there is a significant non-controlling interest.
D) When reporting under IFRS and there is an insignificant (or no) non-controlling interest.