When shopping for a smartphone, a consumer first compares prices to see which brand offers the lowest price. after also inspecting the product features of the various phones, however, she decides that the lowest-priced brand is not her choice. instead, she selects the brand with the best features. this outcome is the result of the chosen brand’s unique value claim that is known as:

a. economic value

b. functional value

c. experiential value

d. social value

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers