Question 1: Case scenario: Application of accounting concept: The major purpose of accounting is to record the decision making. Further, it is divided into two branches Financial Accounting & Cost-Management accounting dealing with the respective areas. Classify the below mentioned scenarios into Financial Accounting & Cost-Management Accounting. Explain your answer with valid justifications. NOTE: SUPPORTING JUSTIFICATIONS ARE MUST. MAKE COMPREHENSIVE & VALID JUSTIFICATIONS SUPPORTING THE CONCEPTS. a. As an investor in a company, what would be your primary objective & interested in which area of accounting? b. As a budget analyst of a company, what would be your primary objective & interested in which area of accounting? c. As a competitor, what would be your primary objective & interested in which area of accounting? d. As a Head of Warehouse Department what would be your primary objective? e. Is the same accounting information likely to be equally useful to you in all above different roles? Which areas are deal with the above scenarios?