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Gross Misstatements
Significant errors or falsehoods in a financial statement or other crucial documents.
Reasonable Investigation
A diligent inquiry or examination to discover facts or gather evidence, conducted within the bounds of what is considered reasonable under the circumstances.
Sarbanes-Oxley Act
A U.S. federal law enacted to protect investors by improving the accuracy and reliability of corporate disclosures.
Public Company Auditors
Are independent entities or individuals tasked with examining and verifying the accuracy of a publicly traded company's financial statements.
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