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Explain the difference between "professed values" and "underlying values," as related to criminal justice systems and provide examples of each.How could they come into conflict with each other?
Accounting Communication Process
The system by which financial information is identified, measured, recorded, and communicated to interested parties.
External Auditors
Independent third-party professionals who examine a company's financial statements to ensure accuracy and compliance with accounting standards.
Company's Management
Individuals responsible for overseeing the operations and making decisions within a corporation.
Retained Earnings
Retained earnings are the portion of a company's profits that are kept or retained rather than being paid out as dividends to shareholders, often used for reinvestment in the business, debt reduction, or to bolster the balance sheet.
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