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a) Define Cost of Goods Sold (COGS)? b) What are some possible explanations of COGS increases faster than sales c) What are the possible red

a) Define Cost of Goods Sold (COGS)? 


b) What are some possible explanations of COGS increases faster than sales


c) What are the possible red flags/fraud symptoms?


d) What is the formula to calculate COGS?

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