Why is the level of and movement in the operating expense percentage an important indicator of financial risk? which answer is it below? a. It provides important insight into management integrity b It is an indicator of production efficiency. c. It reveals the success of the business's Inventory procurement strategies d. It is a measure of expense management, exclusive of production and

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter11: Auditing Inventory, Goods And Services, And Accounts Payable: The Acquisition And Payment Cycle
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Why is the level of and movement in the operating expense percentage an important indicator of financial risk?

which answer is it below?

a. It provides important insight into management integrity

b It is an indicator of production efficiency.

c. It reveals the success of the business's Inventory procurement strategies

d. It is a measure of expense management, exclusive of production and financing costs. .

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