ABC Has a Financial Relationship with XYZ and Must Include

ABC has a financial relationship with XYZ and must include XYZ's assets and liabilities on its balance sheet. The consolidation process values XYZ's assets and liabilities:

A) At their book values at the date it is established that ABC is the primary beneficiary of XYZ, if ABC and XYZ are not already under common control.
B) At their fair values at the date it is established that ABC is the primary beneficiary of XYZ, if ABC and XYZ are already under common control.
C) At their book values at the date it is established that ABC is the primary beneficiary of XYZ, regardless of whether ABC and XYZ are already under common control.
D) At their fair values at the date it is established that ABC is the primary beneficiary of XYZ, if ABC and XYZ are not already under common control.