TASK 1: Prepare a short paper on the topic Why is finance has an important role for Philippine Economic Development? After reading the materials provided to you, you should also discuss the difference of finance and accounting and the goal of finance and financial managers. TASK INFORMATION. Please take note of the following in directions in formulating your answer. 1. The definition and goals of finance should be clearly explained. 2. Basis regarding the importance of finance in the development of of Philippine economy should be observed. 3. Apply higher order thinking and creative skills to relay complex ideas. 4. Organize your ideas very well in order to build logical and coherent arguments. 5. Support your ideas with well developed reasons and/or arguments. 6. Your answer should be focused and reflects clear insights and ideas