A company's management has uncovered events that indicate that substantial doubt exists that the company can pay its debts as they come due over the following year. Management studies the plans created to address this risk. How can the company avoid disclosing that this substantial doubt exists?

Multiple Choice

• A. The plans must have been tested before the end of the financial year.

• B. It must be probable that the plans will be implemented and it must be probable that the plans will mitigate the conditions that raised substantial doubt.

• C. Disclosure of the substantial doubt is required regardless of the availability of the plans.

• C. The plans must be reviewed by the chief financial officer.

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