Which of the Following Situations Would Require Adjustment to or Disclosure

Multiple Choice

Which of the following situations would require adjustment to or disclosure in the financial statements?

A) A merger discussion.
B) The application for a patent on a new production process.
C) Discussions with a customer that could lead to a 40 percent increase in the entity's sales if agreement is successful.
D) The bankruptcy of a customer who regularly purchased 30 percent of the company's output.