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    Auditing A Practical
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    Exam 11: Auditing the Revenue Cycle
  5. Question
    Recognizing Revenues Without Shipping Would Lead to ________ Gross Margins
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Recognizing Revenues Without Shipping Would Lead to ________ Gross Margins

Question 34

Question 34

Multiple Choice

Recognizing revenues without shipping would lead to ________ gross margins and _______ accounts receivable turnover in days.


A) increased; low
B) decreased; low
C) increased; high
D) decreased; high

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