What are the potential implications for the following if, Finance Basics

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What are the potential implications for the following if

1.) Discuss the importance of external financial reporting to third parties

2.) What are the potential implications for the following if erroneous financial reporting circulates to third parties?

a. Management.

b. Public and Private companies

c. Lenders

In your answers, consider the implications under the Sarbanes/Oxley Act

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Finance Basics: What are the potential implications for the following if

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