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As a result of analytical procedures, the auditor determines that the gross profit percentage has increased from 20% in the preceding year to 40% in

As a result of analytical procedures, the auditor determines that the gross profit percentage has increased from 20% in the preceding year to 40% in the current year. The auditor should:

A. Issue a qualified or adverse opinion

B. Evaluate managements performance in causing this decline.

C. Investigate the possibility of a misstatement in the financial statements.

D. Require footnote disclosure.

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