Donalds company has classified its animation division as held for sale and its assets and liabilities are classified as current and non-current, as per their original classifications before the sale was authorized. Mickeys company has classified its entertainment division as held for sale and all that divisions assets and liabilities are now considered current. What is implied?

Both companies are using IFRS, as it is more flexible than ASPE.

Donalds company is using ASPE, and Mickeys company is using IFRS.

Both companies are using ASPE, as it is more flexible than IFRS.

Donalds company is using IFRS, and Mickeys company is using ASPE.