Which of the Following Is not Correct with Respect

Which of the following is not correct with respect to acquisitions under the rules established by FASB Statement No. 164, Not-for-Profit Entities: Mergers and Acquisitions?

A) If the combination qualifies as an acquisition, the not-for-profit may acquire control of a business enterprise or other not-for-profit organization and will be accounted for using the acquisition method.
B) Combinations not meeting the definition of a merger are reported as acquisitions.
C) Assets and liabilities of the acquired entity are recorded at fair value on the books of the not-for-profit
D) Entities that derive their revenues from business-like activities are required to expense the goodwill at the date of acquisition.