Classify the following activities as primarily managerial accounting or financial accounting: a. Preparing a cash budget for

Question:

Classify the following activities as primarily managerial accounting or financial accounting:

a. Preparing a cash budget for the next quarter.

b. Analyzing the profitability of a request from a potential customer.

c. Accumulating the transactions for the previous six months to prepare an income statement.

d. Preparing a weekly performance report for the branch manager.

e. Preparing an announcement to be released to the financial analysts.

Cash Budget
A cash budget is an estimation of the cash flows for a business over a specific period of time. These cash inflows and outflows include revenues collected, expenses paid, and loans receipts and payment. Its primary purpose is to provide the...

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