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Three Key Groups Associated with Companies Are Directors, Shareholders and Auditors

question 19

Essay

Three key groups associated with companies are directors, shareholders and auditors.
a. Explain the relationship between these three groups.
b. Define a reporting entity and a disclosing entity.

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Definitions:

Digital Device

An electronic device that processes information in digital form, such as computers, smartphones, and digital watches.

Media Player

A software application for playing back multimedia files such as videos, music, and digital images.

MP3 Audio File

A digital audio format that uses a form of lossy data compression, making it a popular choice for storing music files and audio content.

Sound Card

An internal computer component that enables the processing and output of audio signals to speakers or headphones, enhancing the quality of sound.

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