Professional Custom Accounting Papers:  Write a paragraph describing what a policy is, another paragraph describing what a procedure is, and a third paragraph describing what a rule is. 

 Professional Custom Accounting Papers:  Write a paragraph describing what a policy is, another paragraph describing what a procedure is, and a third paragraph describing what a rule is.

Write a paragraph describing what a policy is, another paragraph describing what a procedure is, and a third paragraph describing what a rule is.

Describe in writing the differences between each of them.

   there are significant differences between each of them.  All three of them are closely related, but they perform different functions. 

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