Consider the following decisions that a stakeholder of an entity might have to make. For each decision, identify the stakeholder who would likely be making the decision and indicate whether the decision would be considered a financial or managerial accounting decision. Remember that the classification as financial or managerial accounting depends on who the decision maker is.
Explain your answers.
a. Assess whether a retail chain should expand to a new part of the country.
b. Evaluate whether to lend money to a company.
c. Decide whether to donate to a particular charity.