which one of the following is not a tools of management accounting
Answers
Explanation:
Important tools and techniques used in management accounting
Financial Planning. The main objective of any business organization is maximization of profits. ...
Financial Statement Analysis. ...
Cost Accounting. ...
Fund Flow Analysis. ...
Cash Flow Analysis. ...
Standard Costing. ...
Marginal Costing. ...
Budgetary Control.
Human Resources Accounting
The main instrument of management accounting is financial statement analysis. We collect four income reports in this tool: a financial statement, a balance sheet, a cash flow statement, and a fund flow statement. A profit and loss statement is not a financial analytical tool. Managerial accounting is a technique that helps management plan and also govern the business more effectively.