In each of the following situations, identify whether the setting is primarily financial accounting or managerial accounting.

a. Build-A-Bear Workshop reported it would experience a $3.9 million reduction in revenue in fiscal  2018 resulting from the adoption of a new accounting standard on revenue recognition.

b. Bayer, a leading pharmaceutical and chemical company, announced plans to sell its Coppertone  sun care and Dr. Scholl’s foot care product lines.

c. Book publisher Penguin Random House pushed back the release date for several new books due  to lack of available capacity at its printers.

d. Apple reported quarterly revenue of $61.1 billion, a 16% increase from the previous year’s results.