Current US GAAP requires the following accounting for financial derivatives: Select one:

A. Financial derivatives are only written down to reflect losses that are other than temporary.

B. Financial derivatives are reported at fair value at each statement date with unrealized gains (losses) reflected in Accumulated Other Comprehensive Income.

C. Financial derivatives are reported at historical cost.

D. Financial derivatives are reported at fair value at each statement date with unrealized gains (losses) reflected in Net Income.

It says the answer is B

However, I think the correct answer should be D as unrealized gains (losses) reflected in Net Income. Could you please help me figure out which answer is correct?

I would appreciate any advice.