please answer 2, 3 , 4 and 6
S3-2 Identifying management accountability and the stake For each of the following management responsibilities, indicate the primary stakeholder group to whom management is responsible. a. Investors 1. Providing high-quality, reliable products/services for a reasonable price in a timely manner b. Creditors c. Suppliers Paying taxes ina timely manner 2. 3. Providing a safe, productive work environment. 4. Generating a profit s. Repaying principal plus interest in a timely d. Employees e. Customers f. Government manner g. Community S3-3 Matching business trends terminology Match the term with the correct definition. 1. A philosophy designed to integrate all organizational areas in order to provide customers with superior products and services while meeting organizational objectives. Requires improving quality and eliminating defects and waste. a. ERP b. JIT c. E-commerce d. TQM Use of the Internet for business functions such as sales and customer 2. service. Enables companies to reach customers around the world Triple bottom line e. 3. Evaluating a company's performance by its economic, social, and environmental impact. 4. Software system that integrates all of a company's functions, departments, and data into a single system. 5. A system in which a company produces products just when they are needed to satisfy needs. Suppliers deliver materials when they are needed to begin production, and finished units are completed at the right time for delivery to customers. The Inmie of Managomene Acoun Saer of Ehical Phofessional Practice oi manprial nno ao mr andends rpanding compenenoe, confidenelal i i and cndidin Consider abe wing siacions Which andards) are w sell your boher thar yoar compan will eport earmings significantly above ncial analse esrimanes 154 chapeer 3 84 Menidng ethical sandands Learning Oljective t You se ochers cake home office supies for peronal use Ar an interm you do the ame thing, auming thar this is a perk Araompany-paid cnference on eopmmence roe skip the afiernoon session and gsighseing wolad in och ainuaion dYou faled o ad the dealled specificarions of a new accounting sofrware package har it i incompanble with some of your conpany's older accounting software. ou do nor peowide sop management with the detailed job descriptionns they re- gunnd becase you fear they may use this infomation to cut a positionn in your esurprised thar ou asknd your company so pucha Aior i installed, you are a department Learning Objective 2 S3-5 Computing cost of goods sold, menchandising company Use the following informacion for The Wndshicld Pro, a retail merchandiser of auto windshiclds, to compute the cost of goods sold S 7.000 800 Web Site Maintenance Delivery Expense 2700 Freight in 40.000 Purchases 5,100 Ending Merchandise Inventory Revenues 57,000 Marketing Expenses 10.100 Beginning Merchandise Inventory 8,200 Learning Objective 2 S3-6 Computing cost of goods sold and operating income, merchandising company Consider the following partially completed income statements for merchandising companies and compute the missing amounts Jones, Inc. Corigan, Inc. Sales Cost of Goods Sold $99,000 (d) Beginning Merchandise Inventory Purchases and Freight In (a) 50,000 29,000 Cost of Goods Available for Sale Ending Merchandise Inventory (e) 92,000 Cost of Goods Sold 2,100 (2,100) Gross Profit 63.000 Selling and Administrative Expenses 36,000 115,000 Operating Income 86,000 $ 13,000 S CaniavHS
