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Internal Accounting Systems
You are the manager of an accounting department and would
like to hire another managerial accountant to focus on internal accounting. The
CEO is not convinced that a managing accountant position is needed. Prepare a
1-2 page memo for the CEO on the following:

– Explain the objectives and characteristics of an internal
accounting system.

– Include an explanation of the importance of this
information to the company.

– Include an explanation of ethics in business and the
managerial accountant’s role in upholding the code of ethics.

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