Required:Form a cooperative learning group (typically a group of four or five).

Required:Form a cooperative learning group (typically a group of four or five). Using a single piece of paper and a pen record the ideas/responses of each member of the group to the following two items:1. Suppose a communication device had existed in 1492 that permitted Isabella to talk with Columbus for 15 minutes once each month during the eight-month voyage. What types of accounting information would she have wanted to obtain regarding the success of the enterprise? Write down a list of the questions she might have asked (each group member in turn should come up with a question).2. Classify each question as a financial accounting (F) or cost management (CM) type of question. Do the questions change as the months progress?