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4 The external auditor of a firm Checks to make sure the firm's accounting is prepared in accordance with GAAP Can fine the firm if

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4 The external auditor of a firm Checks to make sure the firm's accounting is prepared in accordance with GAAP Can fine the firm if they make errors in their financial statements. Reports to the CFO of the firm. Bears no responsibility if a firm they audit commits fraud c. d, urity laws

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