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An Internal Auditor Is Performing Analytical Reviews as Part of an Audit

Question 312

Multiple Choice

An internal auditor is performing analytical reviews as part of an audit of a supermarket's merchandising department. Because the economy has declined since midyear, the auditor can expect to encounter which of the following?


A) Higher inventory turnover.
B) Higher operating margin.
C) Lower obsolete stock disposal.
D) Lower sales volume.

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