Which of the Following Statements with Respect to Acquisition of Control

Which of the following statements with respect to acquisition of control procedures is NOT correct?

A) Prior to the deemed year end, non-depreciable assets will have to be written down to their fair market value.
B) Net capital losses cannot be carried back to a year prior to the acquisition of control.
C) Subsequent to the deemed year end, non-capital losses can be deducted against any type of income.
D) Prior to the deemed year end, the acquired company can elect to have a deemed disposition of any of their capital assets.