At the date of an acquisition which is not a bargain purchase, the acquisition method:

Multiple Choice

• Consolidates the subsidiary's assets at fair value and the liabilities at book value.
• Consolidates all subsidiary assets and liabilities at book value.
• Consolidates all subsidiary assets and liabilities at fair value.
• Consolidates current assets and liabilities at book value, and long-term assets and liabilities at fair value.
• Consolidates the subsidiary's assets at book value and the liabilities at fair value.