2 8.33 points eBook Print References Both managerial accounting and financial accounting provide useful information to decision makers. Indicate in the following table the primary source of information for each business decision. Business Decision 1. Plan the budget for next quarter 2. Prepare a schedule of cost of goods manufactured 3. Measure profitability of an individual store 4. Determine whether to lend to a company 5. Prepare financial reports according to GAAP 6. Estimate product cost for a new line of shoes 7. Determine location and size for a new plant 8. Determine whether to buy another company's stock Primary Information Source

Both managerial accounting and financial accounting provide useful information to decision makers. Indicate in the following table the primary source of information for each business decision