Cooper, CPA, Believes There Is Substantial Doubt About the Ability

Multiple Choice

Cooper, CPA, believes there is substantial doubt about the ability of Zero Corp. to continue as a going concern for a reasonable period of time. In evaluating Zero's plans for dealing with the adverse effects of future conditions and events, Cooper most likely would consider, as a mitigating factor, Zero's plans to:

A) Discuss with lenders the terms of all debt and loan agreements.
B) Strengthen internal controls over cash disbursements.
C) Purchase production facilities currently being leased from a related party.
D) Postpone expenditures for research and development projects.