When Performing the Fair Value Adjustment Process, Which of the Following

Multiple Choice

When performing the fair value adjustment process, which of the following is true?

A) The deferred income tax is reversed on the same basis as the fair value adjustment is written off
B) The deferred income tax recognized during the acquisition analysis always remains the same.
C) The fair value adjustments are initially recorded on the statement of financial position and are never written off
D) The fair value adjustments are initially recorded on the statement of financial position and are always written off through comprehensive income over a period of 5 years.