Which One of the Following Statements Is Correct

Which one of the following statements is correct?

A) A firm's long-run exchange rate risk can be reduced by borrowing money in the foreign country where it has operations.
B) FASB requires that all translation gains and losses be recorded annually on the firm's income statement.
C) Unexpected changes in economic conditions are classified as short-run exposure to exchange rate risk.
D) Foreign assets are recorded on the parent firm's balance sheet based on the exchange rate at the time each asset is acquired.
E) The usage of forward rates primarily addresses the long-run exposure to exchange rate risk.