Shortly After Year-End Zero Corporation Was Informed of the Bankruptcy

Shortly after year-end Zero Corporation was informed of the bankruptcy of Bingo.Zero Corporation showed a receivable of $10,000 due from Bingo as of year-end-none of which seems recoverable.The receivable had been questionable for some time as Bingo had been experiencing financial difficulties for the past several years.Yet,Bingo's bankruptcy did not occur until after Zero Corporation's year-end.Under these circumstances: $\begin{array}{c}&\text{The financial}& \text{The event requires financial}& \text{The auditor's report should}\\ &\text{statements should be} & \text{statement disclosure, but no}& \text{be modified for a lack of}\\ &\text{adjusted}&\text{adjustment}& \text{consistency}\\\text { A) } & \text { Yes } & \text { No } & \text { No } \\\text { B) } & \text { Yes } & \text { No } & \text { Yes } \\\text { C) } & \text { No } & \text { Yes } & \text { Yes } \\\text { D) } & \text { No } & \text { Yes } & \text { No }\end{array}$

A) Option A
B) Option B
C) Option C
D) Option D