The Underlying Philosophy of the Monetary/nonmonetary Method Is That

The underlying philosophy of the monetary/nonmonetary method is that

A) monetary accounts have a similarity because their value represents a sum of money whose currency equivalent after translation is independent of exchange rate changes.
B) monetary accounts have a similarity because their value represents a sum of money whose currency equivalent after translation changes each time the exchange rate changes.
C) assets and liabilities should be translated based on their maturity.
D) most income statement items are translated at the average exchange rate for the period.Depreciation and cost of goods sold,however,are translated at historical rates if the associated balance sheet accounts are carried at historical costs.