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  2. Topic
    Business
  3. Study Set
    Auditing and Assurance Services
  4. Exam
    Exam 3: Audit Evidence, Audit Planning, Analytical Procedures, Materiality and Risk
  5. Question
    Calculating the Gross Margin as a Percent of Sales and Comparing
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Calculating the Gross Margin as a Percent of Sales and Comparing

Question 20

Question 20

Multiple Choice

Calculating the gross margin as a percent of sales and comparing it with previous periods is what type of evidence?


A) Analytical procedures.
B) Physical examination.
C) Observation.
D) Inquiries of the client.

Correct Answer:

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