Select the best answer.

Which of the following companies has correctly dealt with a concentration disclosure in its financial statements?

Due to a concentration, E$-$software anticipates there will be a material effect that may

A$.$ influence a user's decisions. E$-$Software expects to lose the business relationship, but decides not to disclose it at this time because they have not lost it yet.

B$-$Bay has a concentration in the volume of business it transacts with The Spring Foundation,

B$.$ its biggest customer. It discloses this concentration in the financial statements along with a statement that it does not expect revenue from this customer will be lost.

Futuristic has a group of contributors with similar economic characteristics. Because its

C$.$ concentration is not with a single entity, it does not disclose the concentration in its financial statements.

Cross World has a significant concentration of foreign operations. However, because it does

D$.$ not believe it is reasonably possible for anything to occur that would cause a severe impact and disrupt foreign operations, it does not disclose this concentration.