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 through the use of push-down accounting, 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