When purchasing a company, the buyer should treat transaction fees (advisory fees and legal fees, for example) in which of the following ways, according to both U.S. Generally Accepted Accounting Principles and International Financial Reporting Standards?

A) Transaction fees should be added to the purchase price, and included in the calculation of Goodwill.

B) Transaction fees should be expensed to operations in the period in which they were incurred.

C) Transaction fees should be recorded to Other Comprehensive Gains or Losses in the buyer’s financial statements

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