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Posted by on Thursday, September 24, 2009 at 4:56pm.

Flexibility is said to be the hallmark of modern management accounting, whereas standardization and consistency describe financial accounting. Explain why the focus of these two accounting systems differs.

  • Cost accounting - , Thursday, September 24, 2009 at 4:58pm

    This explanation should help you.

    (Broken Link Removed)

  • Cost accounting - , Monday, November 12, 2012 at 7:09am

    because it is common to all cost accounting

  • Management accounting - , Sunday, July 5, 2015 at 7:51am

    Flexibility is said to be the hallmark of modern management accounting, whereas standardization and consistency describe financial accounting. Explain why the focus of these two accounting systems differs

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