An Auditor of Financial Statements Believes That There Is Substantial

Multiple Choice

An auditor of financial statements believes that there is substantial doubt about an entity's ability to continue as a going concern for a reasonable period of time.In evaluating the entity's plans for dealing with the adverse effects of future conditions and events,the auditor most likely would consider,as a mitigating factor,the entity's plans to:

A) Repurchase the entity's stock at a price below its book value.
B) Issue stock options to key executives.
C) Refinance debt to lower loan payments.
D) Accelerate the due date of an existing mortgage.