Question 2) (30 pts, 7.5 pts each) Some of the potential red flags that affect the quality of financial reports is given below. Briefly explain why the above items are considered as potential red flags. (Use journal articles and provide intext citations and list the articles in References at least 2 articles per item) a) Poor Internal Governance Mechanisms (120 words) b) Related Party Transactions between Related Entities (120 words) c) Increasing Gap Between Net Income and Cash Flows (120 words) d) Increasing Gap between Reported Profits and Taxable income (120 words) Question 2) (30 pts, 7.5 pts each) Some of the potential red flags that affect the quality of financial reports is given below. Briefly explain why the above items are considered as potential red flags. (Use journal articles and provide intext citations and list the articles in References at least 2 articles per item) a) Poor Internal Governance Mechanisms (120 words) b) Related Party Transactions between Related Entities (120 words) c) Increasing Gap Between Net Income and Cash Flows (120 words) d) Increasing Gap between Reported Profits and Taxable income (120 words)