ACC340 Week 2 Team Assignment – Accounting Cycle Description Pa

ACC 340ACC 340 Week 2 Team Assignment – Accounting Cycle Description PaperClick the Virtual Organization link on the student website to access company information on Riordan Manufacturing. Then, select one of the accounting cycles. This selection is the basis of this and subsequent Learning Team assignments, so obtain faculty approval for your selection.Write a 1,050- to 1,400-word paper addressing the following:o Identify the five accounting cycles and explain how this organization uses the accounting cycle you have selected.o Comment on the strengths and weaknesses of the internal controls related to this cycle.o Explain how you would integrate this part of the accounting cycle into an enterprise-wide accounting information system.o Differentiate between the various types of information systems necessary to achieve this integration.o Demonstrate the flow of accounting information through this organization.Formatyour paper consistent with APA guidelines.