Exercise 11 Differentiating Between Managerial and Financial Accounting (Lo1 - CCz) Classify the following activities as primanily managerial accounting or financial accounting a. Preparing a cash budget for the next quarter bAnalyzing the profitability of a request from a potential customer c. Accumulating the transactions for the previous six months to prepare an income statement. d. Preparing a weekly performance report for the branch manager e. Preparing an announcement to be released to the financial analysts