Recently Revised Accounting Standards for Mergers and Acquisitions of Not-For-Profit

Recently revised accounting standards for mergers and acquisitions of not-for-profit organizations:

A) ​require the recognition of goodwill for all acquisitions.
B) ​allows for a different methods of accounting for mergers than for acquisitions.
C) ​stipulate a new not-for-profit entity is created whenever there is a combination of two organizations.
D) ​allow the purchase method of accounting in certain situations.