Jane, Inc. is located in the U.S., but it has subsidiaries in France.When the euro appreciates relative to the U.S. dollar, what is the direction of the translation adjustment to consolidate Jane's financial statements?

A. The direction of the adjustment cannot be determined.

B. When there is net asset exposure, the translation adjustment will be positive.

C. There will be no adjustment necessary unless the difference is realized.

D. When there is net liability exposure, the translation adjustment will be positive.