Flexibility is said to be the hallmark of modern management accounting, whereas standardization and consistency describe financial

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Flexibility is said to be the hallmark of modern management accounting, whereas standardization and consistency describe financial accounting. Explain the rea¬ son^) why there is a difference in the focus of these two accounting systems.

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Cost Accounting Traditions And Innovations

ISBN: 9780538880473

3rd Edition

Authors: Jesse T. Barfield, Cecily A. Raiborn, Michael R. Kinney

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