Business

Write a two to three (2-3) page paper: Â I choice Microsoft, you can change company if you want. I uploaded an example of what it

should look like.

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1. Describe the purpose of each financial statement. Determine which one (1) is the most effective in

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communicating the financial health of an organization. Defend your position.

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2. Compare the major functions of an accountant to that of a certified public accountant. Make an argument

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for and against the importance of accounting and accountants in our society from a U.S. or global

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perspective.

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3. Imagine that you have decided to create your own business venture. Determine whether the company will

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be a service or merchandising company. Describe the differences between the charts of accounts for both

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companies.

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4. Based on the company that you selected in 3, make an argument for automating the accounting process, and

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implement at least three (3) types of internal controls to prevent or detect theft or fraud.

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