Which of the following is correct?

A.The noncontrolling shareholders claim on the subsidiarys net assets is based on the book value of the subsidiarys net assets.

B.Only the parents portion of the difference between book value and fair value of the subsidiarys assets is assigned to those assets.

C.Goodwill represents the difference between the book value of the subsidiarys net assets and the amount paid by the parent to buy ownership.

D.Total assets reported by the parent generally will be less than total assets reported on the consolidated balance sheet.