The FASB Issued a 2014 ASU That Clarifies Use of Pushdown

The FASB issued a 2014 ASU that clarifies use of pushdown accounting. Which statement is true concerning this update?

A) An acquired company is required to use pushdown accounting.
B) An acquiring company has the option to use pushdown accounting at the date of acquisition.
C) An acquiring company can delay adoption of pushdown accounting to a date later than the date of acquisition.
D) If pushdown accounting is elected, the decision is irrevocable.