please only part 7 and please stick to the rules thank you

2. Students will be in groups and assign a part to each student for each chapter. Then, each student will post their individual part for the case study analysis (100 to 200 words posting) and a reply to another student which provides a clear example, additional information on the concept, and a clear explanation with specific details to illustrate what they have learned to improve their understanding of the accounting concept in another student's posting (50 to 100 words reply to another student) 3. The posting and reply to another student are made at the assignment link in Canvas by the due date. Part 7: Explain each of the following management functions and provide Three (3) examples for each function: planning, directing, and controlling. Explain why each management function is important for making business decisions for a company. Part 8: Explain each of the five features of financial and managerial accounting and provide one (1) example for each feature for financial and managerial accounting: Primary users of reports, Types and frequency of reports, Purpose of reports, Content of reports, and Verification process. Explain and compare each of the five features for financial and managerial accounting. Ch15 Case Study - Job Order Costing Part 1: Explain the job order cost system. Choose two (2) merchandising companies that use the job DD