Question 4 (2 points) The conceptual framework for financial reporting identifies the qualitative characteristics and foundational principles that make accounting information useful. For the following situation, indicate: (a) the name of the foundational principle; and (b) whether the company is complying with the foundational principle and how you know that this is the case. Situation: A&A Pulp & Paper Corporation is under investigation by an environmental regulatory agency for failure to control the air emissions for one of its mills. Since the mill lacks the necessary equipment to properly control these emissions, management is aware that the corporation will be fined and required to upgrade its equipment. It is expected that the cost will be significant for the corporation. Management is unable to estimate the cost of fines and upgrades. As a result, this investigation and its impact are not disclosed in the financial statements of A&A Pulp & Paper Corporation