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

 1. Lease rather than purchase operating facilities.

 2. Repurchase the entitys stock at a price below its carrying amount.

 3. Issue stock options to key executives.

 4. Defer the due date of an existing mortgage 

	A.	4 and 1, but not 2 or 3
	B.	1 and 2, but not 3 or 4
	C.	3 and 4, but not 1 or 2
	D.	2 and 3, but not 1 or 4