TYou are the manager of an accounting department and would like to hire another managerial accountant to focus on internal accounting. The CEO is not convinced that a managing accountant position is needed. Prepare a 1 2 page memo for the CEO on the following:Grading CriteriaPercentageObjectives and characteristics of an internal accounting system35%Importance of internal accounting information to the company35%Ethics in business and the managing accountant s role30%Please submit your assignment.For assistance with your assignment please use your text Web resources and all course materials.Unit Materials