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Indicate whether each decision is most likely to be made using managerial or financial accounting information. begin{tabular}{|l|l|} hline multicolumn{1}{|c|}{ Business Decision } & Primary Information
Indicate whether each decision is most likely to be made using managerial or financial accounting information.
\begin{tabular}{|l|l|} \hline \multicolumn{1}{|c|}{ Business Decision } & Primary Information Source \\ \hline 1. Determine location and size for a new plant \\ \hline 2. Prepare financial reports according to GAAP \\ \hline 3. Report financial performance to investors \\ \hline 4. Assess control of manufacturing costs \\ \hline 5. Estimate profits from a new service opportunity \\ \hline 6. Measure profitability of an individual store \\ \hline 7. Prepare manufacturing budgets for the next year \\ \hline 8. Report financial performance to shareholders & \\ \hline \end{tabular}
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