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slove 1&2 question all the Questions) 1. When today's university students are asked about their long-term career choice, a surprisingly large number respond that they

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slove 1&2 question

all the Questions) 1. When today's university students are asked about their long-term career choice, a surprisingly large number respond that they wish to someday own and manage their own business. In fact, the aspiration to start a business, to be an entrepreneur, is nearly universal. It is widely acknowledged that a degree in accounting offers many advantages to be an entrepreneur. In fact, if you ask owners of small businesses which skill they wish they had more expertise in, they will very frequently reply "accounting". No matter what the business may be, the owner and/or manager must be able to understand the accounting and financial consequences of business decisions. Required: Do you agree with this view? Why or why not? Marks: 3 2. Many companies have been restructuring their organizations and reducing the number of employees to cut expenses. General Motors, AT&T, IBM, and numerous other companies have taken this action. One could question whether companies place as much value on their employees as in the past. In previous years it was common to see the following statement in the annual reports of companies: "Our employees are our most valuable asset". Companies are not permitted to show employees as assets on their balance sheets. Required: Do you think they should be allowed to do so? Marks: 3

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