In comparing U.S. GAAP and International Financial Reporting Standards (IFRS) with regard to a basis for measurement of a noncontrolling interest, which of the following is true? Multiple Choice U.S. GAAP requires acquisition date fair value measurement and IFRS requires the acquiree's identifiable net asset fair value measurement. U.S. GAAP and IFRS both require acquisition date fair value measurement O U.S. GAAP and IFRS both require the acquiree's identifiable net asset fair value measurement US GAAP requires acquisition date fair value measurement, but IFRS allows an option for acquisition date fair value measurement