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    Fundamentals of Financial Accounting Study Set 3
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    Exam 6: Merchandising Operations and the Multistep Income Statement
  5. Question
    A Rising Gross Profit Percentage Indicates Management's Inability to Control
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A Rising Gross Profit Percentage Indicates Management's Inability to Control

Question 38

Question 38

True/False

A rising gross profit percentage indicates management's inability to control production and inventory costs.
BT: Comprehension

Correct Answer:

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