The Underlying Principle of the Current/noncurrent Method Is

The underlying principle of the current/noncurrent method is

A) assets and liabilities should be translated based on their maturity.
B) monetary balance sheet accounts should be translated at the spot rate; nonmonetary accounts are translated at the historical rate in effect when the account was first recorded.
C) monetary accounts are translated at the current exchange rate; other accounts are translated at the current exchange rate if they are carried on the books at current value; items carried at historical cost are translated at historic exchange rates.
D) all balance sheet accounts are translated at the current exchange rate,except stockholder equity.