ASC Topic 805 Provides Standards for Reporting Acquisition of a Business

ASC Topic 805 provides standards for reporting acquisition of a business. How does the reporting for the acquisition of a business differ from acquisition of a group of assets and liabilities?

A) In the acquisition of a business, the cost may exceed the fair value of the identifiable net assets acquired.
B) In the acquisition of a business, contingent consideration is not included in the measurement of total cost.
C) In the acquisition of a group of assets and liabilities, consulting fees paid to complete the transaction are expensed.
D) In the acquisition of a group of assets and liabilities, previously unreported identifiable intangible assets are likely to be recognized.