: Classify whether the decision maker in each of the following cases would use accounting information that falls into the managerial accounting category or financial accounting category. 1. The president of a major corporation requests that every department head submit a budget for the next business year. The budget will include the departments expected amount of sales and the costs of producing those sales. 2. A recent college graduate was trying to decide if buying Facebook stock would be a good investment. 3. General Motors gathers financial data to determine the cost of making a Chevy Cruze. GM will use that information to determine how much to charge its Chevrolet car dealers for the car. 4. A bank was deciding whether to lend money to a customer who applied for a loan to purchase a new home.