Which of the following ratios would not generally be used to look for inventory and cost of goods sold related frauds?
A. Accounts payable turnover
B. Gross profit margin
C. Inventory turnover
D. Number of days' sales in inventory
Answer: A
Which of the following ratios would not generally be used to look for inventory and cost of goods sold related frauds?
A. Accounts payable turnover
B. Gross profit margin
C. Inventory turnover
D. Number of days' sales in inventory