Business, 29.11.2020 15:10 benjaminmccutch

In 2022, 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 other realtor companies. If Spencer Realty decided to not conduct the survey, that decision is likely based on which concep? A. Historical cost.
B. Cost constraint.
C. Fair value.
D. Full discloser.

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In 2022, Spencer Realty considered conducting a survey of every home to determine which homes may be...

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