In 2017 spencer realty considered conducting a survey

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13. In 2017, Spencer Realty considered conducting a survey of every home to determine which homes may be put on the market within the next year. This information would be included in their financial statements as a predictor of potential future revenue. The cost of the survey would be $2.6 million, and the results would not differentiate potential business for Spencer Realty compared to the other realtor companies. In the end, Spencer Realty decided to not conduct the survey based on which principle?
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  • Spring '10
  • lOWE-aRDOIN
  • Accounting, Balance Sheet, Current Liabilities, Current Assets, Generally Accepted Accounting Principles

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