Question
Relevance of the gross profit margin depends upon a. the accuracy of the gross profit percentage b. the net sales c. averaging prior periods' net
Relevance of the gross profit margin depends upon
| a. | the accuracy of the gross profit percentage | |
| b. | the net sales | |
| c. | averaging prior periods' net sales and total sales to verify which is best to use | |
| d. | applying the overall profit margin to each individual department |
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Auditing Principles And Techniques
Authors: Prof. A.R. Solanki
1st Edition
9350533979, 9789350533970
