Classify each of the following actions as either being associated with the financial accounting information system (FS) or the cost management information system

(CMS):

a. Determining ways to eliminate non-value-added activities and reduce costs

b. Issuing a voluntary annual sustainability report on environmental, social, and safety issues

c. Determining the number of units needed to be sold to earn a prespecified profit

d. Filing a required financial report with the SEC

e. Determining the cost of inspecting products

f. Preparing a budget for the Maintenance Department g. Preparing financial statements that conform to GAAP h. Preparing a statement of cash flows i. Using cost information to decide whether to make a component or purchase it from suppliers j. Reporting a large contingent liability to current and potential shareholders k. Using a debt-equity ratio from a balance sheet to help validate the rating of bonds from a public company 1. Evaluating the performance of a division manager using return on investment.LO1