Question no 1: Discuss the characteristics of partnership and the advantages and disadvantages of partnerships. You also

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Question no 1:
Discuss the characteristics of partnership and the advantages
and disadvantages of partnerships. You also need to discuss how to
account for net income or loss of partnership. An example of
preparing division of net income is required.
Question no 2:
Discuss the evaluation of accounting information systems in
establishing internal control to generate trusted financial
statements. Here you need to discuss the types of controls and the
importance of internal controls in accounting.