How Business Plays A Major Role Within Our Society

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Business plays a major role within our society. Undergraduates that has chosen business as their major has a huge variety of careers to choose from after they have graduated and got their degree. Business does not only mean that someone is the owner of something, but it also means taking control and being a leader of something within that company .Accounting, Human Resource Management, and Management itself are some fields that follows those characteristics and that these undergraduates embrace in. Accounting is one of the three careers that is being discussed that a business majors are able to embrace in. Accounting is where employees are keeping up with the company’s records. Accountants take actions on keeping up with the company payroll cost, expenditures, and the sales revenues. They are to also keep track of the company’s losses and profits (Hill “Accounting” 1-5). When accountants insert all of the information that they are to keep track of, it is important that they insert it correctly, because if anything is inputted wrong it may damage the company (“Accounting”4-8). The American Institute of Certified Public Accounts, (AICPA) was an organization that was set up to help them insert accurate data. This helps them make better decisions on what the company can afford to do and what the company cannot afford to do. (“Accounting”4-8). Accounting is divided into two subdivisions. These divisions are financial and management accounting. Financial accounting is where
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