STANDARD COST ACCOUNTING SYSTEM AS AN AID TO MANAGEMENT CONTROL AND PLANNING
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
Standard cost accounting is an overview of how standard cost could serve as an effective tool in the hands of the management, it serves as a tool for planning, coordinating and controlling various activities of operation in an organization.
Standard costing system has been studied to emphasis its assistance to management planning and control. It has been discovered that it enhances proper operation of an organization and goals and objectives are achieved more easily. The standards sets guide the operation of the organization. Variances are analyzed and investigated when noticed and revision of such standards follows subsequently. The study has revealed that it is very useful tool for management to plan and control its operation so as to achieve goals and objectives of the organization.This study made use of the questionnaire, personal interviews and reading of the organization manual to analyze the subject as well as draw conclusions and recommendations.
Related Project Materials
THE CHALLENGES OF SAME FAITH POLITICAL TICKET ON A MULTI DIVERSIFIED COUNTRY LIKE NIGERIA. A CASE STUDY OF APC 2023 PRESIDENTIAL TICKET
ABSTRACT
This study was carried out to examine the challenges of same faith political ticket on a multi...
An evaluation of the payback period method in Nigerian SMEs: A study of Port Harcourt-based businesses
Background of the Study
The payback period method is one of the simplest capital budgeting techniques used by businesses to...
The effect of digital transformation on business banking regulatory compliance: A case study of First Bank Nigeria, Lagos.
Background of the Study
Digital transformation in business banking is not only about enhancing operational efficiency but also about ensu...
THE ROLE OF NON-GOVERNMENTAL ORGANIZATIONS IN THE DEVELOPMENT OF RURAL AREAS
EXCERPT FROM THE STUDY
Experience has shown that the provision and maintenance of amenities cannot be handled by governm...
An Investigation of Online Neologisms in Nigerian Digital Communication: A Comparative Study of Facebook and Instagram Posts
Background of the study
Online neologisms have become a defining feature of digital communication, particularly in contexts where informa...
AN INVESTIGATION OF THE ROLE OF SPECIAL LIBRARIANS IN SUPPORTING DISTANCE EDUCATION IN POLYTECHNIC IBADAN, OYO STATE
Background of the Study
Distance education programs rely on specialized library support—curated online resources, asy...
Evaluation of the Effectiveness of Motion Graphics in Digital Advertising for Small Businesses in Katsina, Katsina State
Background of the study
Digital advertising is evolving rapidly as small businesses seek innovative methods to reach and en...
PREVALENCE AND PATTERN OF FOOTBALL RELATED INJURIES AMONG FOOTBALL CLUBS IN GOMBE L. G. A
CHAPTER ONE
INTRODUCTION
1.1
Background of the Study
Background of the Study: Rural development initiatives are crucial for bridging the gap between urban and rural areas, enhancing local ec...
An investigation of maintenance charge rationalization on cost efficiency in banking: a case study of Citibank Nigeria
Maintenance charge rationalization refers to the systematic review and adjustment of fees imposed...
The impact of rural development initiatives on local economies in Nigeria: An evaluation of policies in Benue State (2000–2020).
