Question: Indicate whether each decision is most likely to be made using managerial accounting information or financial accounting information. 1 . Prepare financial reports according to

Indicate whether each decision is most likely to be made using managerial accounting information or financial accounting information.
1. Prepare financial reports according to GAAP.
2. Determine whether to expand into a new market.
3. Determine whether to buy a company's stock.
4. Prepare GAAP-based financial statements for creditors.
5. Determine whether to lend a company.
6. Prepare manufacturing budgets for the next year.
7.Determine location and size for a new plant.
8. Determine what products to sell.

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