An abnormal fluctuation in gross profit that might suggest the need for extended audit procedures for sales

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An abnormal fluctuation in gross profit that might suggest the need for extended audit procedures for sales and inventories would most likely be identified in the planning phase of the audit by the use of

a. Tests of transactions and balances.

b. Flowcharts of the accounting system.

c. Specialized audit programs.

d. Analytical procedures.

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Auditing Integrated Concepts And Procedures

ISBN: 9781260299397

5th Edition

Authors: Donald H. Taylor, G. William Glezen

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