Download Tag: MANAGEMENT DECISION MAKING

ABSTRACT This research was aimed at finding out what marginal costing is all about, to evaluate and critically examine the various application of marginal costing technique for decision and to investigate the problems arising from making use of the technique and then to provide possible solution to the problems based on the research findings, and also to make recommendations when if implemented, would help organization adopt the technique. The data ...

CHAPTER ONE INTRODUCTION 1.1        BACKGROUND OF THE STUDY According to Reece, (1975), the accounting profession essentially involves the supply of information to decision makers.  Hence, it is not surprise that accountants have always been involved in many information related problems.  The need for this involvement is underscored by the avowed aim of accounting which according to the American association committee to prepare A statement of basic accounting theory (SOBAT, 1961). SOBAT, (19610, described ...

Abstract The project titled “marginal costing as a tool for management decision making” a case study of ANAMMCO Ltd Enugu, was undertaking to evaluate marginal costing techniques to wards ascertaining its efficiency and effectiveness. The researcher reviewed literatures done by other authors for the purpose of this study. Data were collected from questionnaire and other information gathered were presented on tables, analyzed and conclusion drawn from percentage variations. The research ...

CHAPTER ONE Introduction 1.1 Background to the Study The concept of delegation of authority as it happens in industries services and business organization has altered money psychologists and educationist. These great people have carried out series of research on it with each, there coming up with a theory as it affect decision making organizations. Yet no one theory or negotiation can alone satisfactory explains the concept. This is because of the ...

CHAPTER ONE INTRODUCTION 1.1  Background of the study One of the marks of the executive is the ability to decide. One of the obligations of free men is the willingness to decide. One of the qualities of effective people is the courage to decide. Making decisions is part of our every day’s lives. Considering organizational life, it is often one of the main functions and tasks of management, as underlined ...

INTRODUCTION  BACKGROUND OF THE STUDY Virtually every organization requires information for effective management and planning. Information particularly accounting is indispensable to the growth and development of organization, because from planning to the execution, resources required are guided by availability of accounting information, as it provides detail information of budget on the implementation of plan. Accounting information according to Batty (1974) is the systematic presentation, analysis and evaluation of data regarding ...

Abstract The project titled “marginal costing as a tool for management decision making” a case study of ANAMMCO Ltd Enugu, was undertaking to evaluate marginal costing techniques to wards ascertaining its efficiency and effectiveness. The researcher reviewed literatures done by other authors for the purpose of this study. Data were collected from questionnaire and other information gathered were presented on tables, analyzed and conclusion drawn from percentage variations. The research ...

ABSTRACT The main objective of this research work is to find out by investigation and analysis how the service of Accountants assist in the effective financial management in private and public organization. For some time now, cases of frauds, embezzlement and inadequacy of accounting system has led many establishments to liquidation and as such became necessary that a research be undertaken to find out a permanent solution to the problem. ...

CHAPTER ONE   INTRODUCTION Planning is one of the most important aspects in the management o a firm. It involves an appraisal of the past performance of the firm and a projection into the future. It is also related to existing strengths and weaknesses of the firm. The strength must be understood if they are to be used for proper advantage and the weaknesses must be recognized if corrective action is ...

CHAPTER ONE   INTRODUCTION Planning is one of the most important aspects in the management o a firm. It involves an appraisal of the past performance of the firm and a projection into the future. It is also related to existing strengths and weaknesses of the firm. The strength must be understood if they are to be used for proper advantage and the weaknesses must be recognized if corrective action is ...

ABSTRACT The main objective of this researcher work is to find out by investigation and analysis how the services of accountants assist in the effective financial management in private and public organization. For some time now, cases of frauds, embezzlement and inadequate of accounting system which have led many establishment to liquidation and as such became necessary that a research be undertaken to find out a permanent solutions to the ...

ABSTRACT This study seek to examine the relevant of cost accounting information for management decision making (A case study of Guinness Nigeria Plc, Benin City). The study also explained the possible connection between the definition, relevance terms and also the background of Guinness Nigeria Plc. It is aimed at ascertaining the place of cost accounting in business organization. The data obtained were analyzed using simple percentage while chi-square was used ...

ABSTRACT This research work was undertaken to assess the concept and application of marginal costing techniques in management decision making reference to Nestle Food Plc. This work was intended to achieve the following objectives: Showing the importance of marginal costing as a tool for planning and short term decision making and to ascertaining the format to be used on presenting marginal costing information by management accountants to the management. Relevant data were collected ...

ABSTRACT The main objective of this researcher work is to find out by investigation and analysis how the services of accountants assist in the effective financial management in private and public organization. For some time now, cases of frauds, embezzlement and inadequate of accounting system which have led many establishment to liquidation and as such became necessary that a research be undertaken to find out a permanent solutions to the problem. ...

CHAPTER ONE 1.1  INTRODUCTION In every organization irrespective of its size, ownership, structure, impact of ration analysis on management decision making occupy a crucial position. However, given this centrality can be said that behind every successful organization the process in which the management arrives at decision making is very important as far as financial management is concerned in the private sector of the economy and specifically in a banking institution like ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Omiya (1990) defined “accounting as a language of business, it is used in the business world to describe the transaction entered into by all kinds of organization. An analysis of the above definition shows that accounting centers on transforming data into information that would be useful to many users. It takes care of the financial communication of the entry as it supplies ...

ABSTRACT This project research work attempts to explain the Cost Accounting Information as an aid to decision making in an organization using the Nigerian National Petroleum Corporation (NNPC), Benin-Asaba Road, Benin City as a case study. Cost Accounting Information is designed for managers since managers are making decisions based on the existing cost accounting information. The important principle is that the Cost Accounting Information must be relevant for decision making. ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND OF THE STUDY In order to improve the usage of financial information in the context of the decision-making process, we need to analyze financial statements. In that context, we can describe financial statement analysis as the process where we convert data from financial statements into usable information for business quality measurement by different analytical techniques, which is very important in the process of rational management. Therefore, ...

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The attainment of this objective necessarily requires both the identification as well as the disclosure of an adequate amount of information considered relevant by the users. Financial accounting information, therefore, is the information derived from the financial accounting report. The essence of this information is for management and other users to make decisions. Therefore, the accuracy of decision making depends on the ...

TABLE OF CONTENT Title page Certificate Dedication Acknowledgement Table of content CHAPTER ONE 1.0   General Introduction of the research 1.1   Introduction 1.2   Statement of the research problem 1.3   Objective of the study 1.4   Significance of the study 1.5   Scope and Limitation of the study 1.6   Research methodology 1.7   Organisation of the study 1.8   Definition of term 1.9   The general hypothesis CHAPTER TWO: 2.0   Literature review 2.1   Literature review 2.2   Decision ...