Can a company choose the fair value option for any long-term financial liability? Explain. OA. No. A company can select the fair value option only at the inception of the debt. A company cannot choose the fair value option for long-term financial liabilities already outstanding. OB. Yes. A company can choose the fair value option either at the inception of the debt or for long-term financial liabilities already outstanding. OC. No. A company can select the fair value option only for long-term financial liabilities already outstanding. A company cannot choose the fair value option for long-term financial liabilities at the inception of the debt. D. No. A company can never select the fair value option for long-term financial liabilities