Question: Question 5 2.5 pts The auditor performs analytical procedures and discovers an unexplained decrease in the gross margin percentage. A possible explanation for this is:
Question 5 2.5 pts The auditor performs analytical procedures and discovers an unexplained decrease in the gross margin percentage. A possible explanation for this is: A change in the sales mix in the current year such that a greater percentage of unit sales are high margin items. A decrease in the unit cost of producing goods that was not passed on to the customer. Fictitious sales. A January purchase recorded in December
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