During your audit of Fraudulent Fabrics, you note that the company's gross profit ratio increased to 25

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During your audit of Fraudulent Fabrics, you note that the company's gross profit ratio increased to 25 percent this year from 20 percent last year. List the possible causes of this increase and the audit procedures you would employ or expand to investigate each possible cause.

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Auditing An Assertions Approach

ISBN: 9780471134213

7th Edition

Authors: G. William Glezen, Donald H. Taylor

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