Hi! Please help me with the following requirements. Thank you!

1. The following contains the various steps of the financial reporting process. Place these steps in proper order and indicate whether each step is a function of the Transaction Processing System (TPS) or General Ledger/ Financial Reporting System (GL/FRS) - record transaction in special journal - make adjusting entries - capture the transaction - prepare post closing trial balance - prepare adjusted trial balance - prepare financial statements - journalize and post adjusting entries - post to the subsidiary ledger - post to the general ledger - journalize and post closing entries - prepare unadjusted trial balance 2. Compare narrow span of control and wide span of control in organizational structure. If you will be a business owner, what structure would you prefer and why? 3. The use of Variance Analysis often results in management by exception. a. Explain the meaning of Management by Exception in variance analysis b. Discuss the behavioral implications of management by exception in variance analysis