Answer ALL questions in this section. QUESTION 1 1.1. Study the information provided below and answer the following question. INFORMATION Mosaic Textiles (Mosaic) is an apparel manufacturer in a Southern African country (the country is anonymized as SACX hereafter). Mosaic produces a range of high-end apparel which it sells to Truworld Limited (Truworld), a well-known retailer also domiciled in SACX. The apparels are the only products which Mosaic produces and Truworld is its only customer. Truworld has recently been affected by changes in customer purchasing preferences to buying clothes online and, as a result, is keen to reduce its inventory holding as a way of reducing its costs. Truworld has also found that it has an excess of goods which it must discount as consumer tastes appear to change more quickly than in the past. The chief executive officer (CEO) of Mosaic, Mrs. Cynthia Ndwandwe, has given you some tasks to undertake as the management accountant of Mosaic. Current purchasing policy Mosaic currently obtains its raw materials from four suppliers. Each of these suppliers operates differently in terms of the processes which they adopt in trading with Mosaic. Mosaic has been agreeable to this, as the quality of the raw material supplied has generally been acceptable. More recently, however, Mosaic has found reasons to question the accuracy and quality of the raw material delivered from one supplier. Additionally, another supplier now only despatches material to Mosaic in full-load quantities as it wishes to Answer ALL questions in this section. QUESTION 1 1.1. Study the information provided below and answer the following question. INFORMATION Mosaic Textiles (Mosaic) is an apparel manufacturer in a Southern African country (the country is anonymized as SACX hereafter). Mosaic produces a range of high-end apparel which it sells to Truworld Limited (Truworld), a well-known retailer also domiciled in SACX. The apparels are the only products which Mosaic produces and Truworld is its only customer. Truworld has recently been affected by changes in customer purchasing preferences to buying clothes online and, as a result, is keen to reduce its inventory holding as a way of reducing its costs. Truworld has also found that it has an excess of goods which it must discount as consumer tastes appear to change more quickly than in the past. The chief executive officer (CEO) of Mosaic, Mrs. Cynthia Ndwandwe, has given you some tasks to undertake as the management accountant of Mosaic. Current purchasing policy Mosaic currently obtains its raw materials from four suppliers. Each of these suppliers operates differently in terms of the processes which they adopt in trading with Mosaic. Mosaic has been agreeable to this, as the quality of the raw material supplied has generally been acceptable. More recently, however, Mosaic has found reasons to question the accuracy and quality of the raw material delivered from one supplier. Additionally, another supplier now only despatches material to Mosaic in full-load quantities as it wishes to