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ACCT 302 SJSU Target Data Breach in 2014 Financial Statements Analysis

 

One paragraph answer to the following answer.

Managers are bound by GAAP and securities regulations to inform the investing public about an adverse event affecting the company. In this case, how did Target’s managers communicate the adverse news and provide the relevant information about the data breach to customers and shareholders through their 10-K filed on March 14, 2014?