Home team forfeits w/ 3:00 in 3rd

[totalnewbie]

Since I am a newbie, can you walk me through this.

Lets say score is 70-40 when the home team walks off the floor (home team is down, per the example).

The game is forfeit by the R's decision when the home team refuses to take the court and resume play, right?

And the final score is listed as 70-40 since it was the loser that caused the forfeit. Had it been the winner that forfeited it would have been recorded 2-0 in favor of the then losing team (now the winning team by forfeit).

Is that right?

And is there any impact on either the head coach or the players as a result of this action?

Clark