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What possible misstatements might the auditor suspect when there is an adverse change in the gross profit from year to year? 1.Overstatement of purchases 2.Understatement

What possible misstatements might the auditor suspect when there is an adverse change in the gross profit from year to year?

1.Overstatement of purchases

2.Understatement of purchases

3.Overstatement of sales

4.Understatement of selling expenses

5.Understatement of sales

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