Spanky's Market sells organic foods and the owners and employees pride themselves on being environmentally...
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Accounting
Spanky's Market sells organic foods and the owners and employees pride themselves on being environmentally conscious by using as little paper products as possible. As such, when the annual financial statements were issued, they omitted the notes to the financial statements thus using 70% less paper. Omitting the notes to the financial statements is
following the historical cost principle
a violation of the full disclosure principle
following the environmentally conscious principle
violating the matching principle
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