Examlex
The final phase of an audit includes which of the following?
Markup Rate
The percentage increase applied to the cost price of goods to calculate the selling price.
Selling Price
The amount of money for which a good or service is offered for sale to consumers.
Similar Triangles
Triangles that have identical angles and proportional sides but may differ in size.
Proportional
Being proportional means two quantities maintain a constant ratio or relationship relative to one another, exemplified by the equation \(y = kx\), where \(k\) is the constant of proportionality.
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