Question: Indicate whether each decision is most likely to be made using managerial accounting information or financial accounting information. Business Decision Primary Information Source 1. Prepare

Indicate whether each decision is most likely to be made using managerial accounting information or financial accounting information. Business Decision Primary Information Source 1. Prepare manufacturing budgets for the next year 2. Determine whether to lend to a company 3. Prepare GAAP-based financial statements for creditors 4. Estimate profits from a new service opportunity 5. Evaluate a purchasing department's performance 6. Estimate product cost for a new line of shoes 7. Measure profitability of an individual store 8. Determine location and size for a new plant

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