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b) Which one of the following is NOT an example of corporate social responsibility provided to customers? A) Full disclosure of product related risks. B)

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b) Which one of the following is NOT an example of corporate social responsibility provided to customers? A) Full disclosure of product related risks. B) Safe, high-quality products that are fairly priced. C) Opportunities for training, promotion and personal development. D) Easy to use information systems for shopping and tracking orders. 7) Delta Merchandising, Inc., has provided the following information for the year just ended: Net sales Beginning inventory Purchases Gross margin $128,500 $24,000 $80,000 $38,550 What was the ending inventory for the company at year-end? A) $9,950. B) $14,050. C) $24,500 D) 565,450. 8) Upon which of the following does managerial accounting place considerable weight? A) Generally accepted accounting principles. B) The financial history of the entity C) Ensuring that all transactions are properly recorded. D) Detailed segment reports about departments, products, and customers 9) Which of the following groups should be the focal point of a company's strategy? A) Employees B) Board of directors C) Target customers D) Shareholders

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