The question here asks what the total value of intangible assets for Ngcorp’s (not the multinational parent Ambleu) balance sheet at 12/31/2016. Because of this, I chose A, the carrying value of the intangible assets after translating the value from NVK on 7/15/2016. However the correct answer is B, but I do not understand why adjusting the intangible asset value for FX movement at the end of the year makes sense.

For example, if Apple received cash during the year and the US dollar appreciated throughout the year, Apple would not be marking the value of its cash balance up at year-end simply because of exchange rate increases. Can someone please explain? Thanks!