With Respect to Business Combinations Resulting from Mergers and Acquisitions

With respect to business combinations resulting from mergers and acquisitions,

A) British firms tend to use the purchase method, whereby assets are revalued to "fair values" at the date of acquisition.
B) merger accounting (pooling of interests) requires that firms revalue assets to "fair value."
C) the purchase method allows the acquiring firm to include prior years' profits from the acquired firm.
D) the pooling of interests method is widely used outside of the United States, especially in Japan and other Asian countries.