Paul Jones is the accountant for a large company that produces and  sells machinery. One of Paul’s month-end responsibilities is to review  the bank reconciliation that ties the bank balance to that reflected on  the financial statements. The company has an average balance in the cash  account of around $2,000,000, with many inflows and outflows occurring  daily. Over the past 3 months, Paul has detected shortages in the  account anywhere from $1,000 to $3,000 monthly. He has become concerned  about this reoccurring issue and approaches his boss. After hearing the  details, the boss responds “Ah, don’t worry Paul, it’s a really  immaterial amount that the company doesn’t miss. With as many  transactions as we process, there’s no way that we could ever balance to  the penny!” After the chat, Paul has a funny feeling and is not sure  whether to take the advice or to make further inquiry. 
Using both the required text and external resources, address  the key points (concerns). Responses should be unique and incorporate  your personal perspectives that are supported by reading and research.  Initial comments should be 1-2 paragraphs in length for each point.  Follow-up postings should not exceed a paragraph and should add  additional information or perspective to the original author’s comments.

Does Paul have a valid concern?
What might be a bigger problem that is occurring within the company and what steps can be taken to resolve it?

This is not a paper so no need to double space and only  1 to 2 paragraphs.