Question 6 (This is multiple choice question 15-20 on page 466, but without the answers.)...
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Accounting
Question 6 (This is multiple choice question 15-20 on page 466, but without the answers.) As a result of analytical procedures, the independent auditor determines that the gross profit percentage has declined from 30% in the preceding year to 20% in the current year. Required: Explain your thought process as you decide what to do.
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