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a. Based on the information in the New Century Financial Corporation case, what is your assessment of the quality of oversight provide by the company's

a. Based on the information in the New Century Financial Corporation case, what is your assessment of the quality of oversight provide by the company's BODs? Do you think it should be blamed for the accounting failures at the company?

b. Why do you think the accounting failures at the New Century Financial Corporation went undetected for so long despite all the changes in governance?

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