What are some possible explanations of a change in the gross profit margin? How could the auditor

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What are some possible explanations of a change in the gross profit margin? How could the auditor investigate which of these explanations is the most likely cause of the change in the ratio?

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Auditing A Practical Approach

ISBN: 978-1742165943

1st Canadian Edition

Authors: Robyn Moroney

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Question Posted: Mar 11, 2016 02:28 AM

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What are some possible explanations of a change in the gross profit margin? How could the auditor

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A gross profit margin is the gross profit divided by net sales Fully understanding this margin and the reasons for any change requires an understanding of the components of the margin Gross profit sal...View the full answer

Auditing A Practical Approach

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