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Were the revisions to the financial statements correct or incorrect? Why or why not? Be sure to use detailed reasons to support your response. Was

Were the revisions to the financial statements correct or incorrect? Why or why not? Be sure to use detailed reasons to support your response.

Was the inclusion of the $20,000 of in accounts receivable correct or incorrect? Why or why not? Be sure to use detailed reasons to support your response.

Discuss the ethical and professional conduct of Cliff Hall in applying for the loan at the second bank, First City Bank.

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