this is a tricky question, many users require to access a server
so from source side (clients) point of view, it could be overloading NAT, configuration is simple; or 1 to 1 static NAT for all users also possible.
from destination side (server), it may require a static NAT (simple), or a port forwarding NAT in a overloading NAT setup.
And according to the question, "Which action conserves IP address space and provides access to the server?"
I beleive asking which NAT solution allows client to access to the server so A is correct.
or in another way to understand, overloading NAT is able to use in both side, so A is most possible correct one.
For B, it only corrects in server side, but on client side, need many static NAT entries