When uncertainties are being addressed, consider disclosing the various options by which the
uncertainty may be resolved.
Often, entities elect to disclose as little as possible about alternative possible outcomes for uncertainties in
disclosures. While such a disclosure strategy doesn’t raise any positive expectations in the minds of readers
and prevents subsequent disappointment, it’s also not informative and potentially can lead to the conclusion
that little is being done – providing a surprise outcome in any event. If there are alternative ways to resolve a
significant matter, for example, a liquidity challenge, then identify the realistic alternatives being considered