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

Indicate whether each decision is most likely to be made using managerial accounting information
Business Decision
Primary Information Source
1. Report financial performance to investors
2. Assess control of manufacturing costs
3. Estimate profits from a new service opportunity
4. Determine whether to automate a production process
Financial
5. Prepare GAAP-based financial statements for creditors
Managerial
6. Report financial performance to shareholders
7. Evaluate audited financial statements
8. Determine whether to lend to a company

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