THE ROLE OF ACCOUNTING INFORMATION IN PRODUCTION DECISION MAKING
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 3000
ABSTRACT
Managers make decision in order to choose from alternative course of action at a dynamic rate. This is done in order to achieve the set objectives of the firms in which they manage. To make these decisions, accounting information are used as a necessary guide.
Manufacturing firms make use of accounting information which have been complied from source documents, records and statement in accordance with systems. These information gathered are used to make effective production decisions which would achieve the objectives of profit maximization cost minimization, Production efficiency, proper resources allocation etc.
This study is aimed at discovering the quantitative attributes to accounting information which makes it an effective tool in the production decision-making and if the information generated is utilized in effective manner. Although, it is evident that decisions made in manufacturing firms are determined by the accounting information to a varying extent. It is hoped that the recommendations will show the importance of accounting information and that managers who make decision will comprehend it as a vital necessity in decision – making.
Related Project Materials
DEMOCRACY AND NATIONAL DEVELOPMENT: A CASE STUDY OF BUHARI ADMINISTRATION (2015-2019)
EXCERPT FROM THE STUDY
An overview of the principle of democracy reveals the pursuit of public interest as a cardinal feature of democrac...
INSURANCE COMPANIES AND THEIR IMPACT ON ECONOMIC DEVELOPMENT OF NIGERIA
ABSTRACT
Business produce goods and services to satisfy the demand of customers. Much as these businesses declare profit...
AN ANALYSIS OF DOMESTIC IMPLEMENTATION OF THE KYOTO PROTOCOL ON CLIMATE CHANGE IN NIGERIA
ABSTRACT
The global nature of climate has become very well appreciated in the developing as well as developed world. For example, in its...
AN ASSESSMENT OF CYBERCRIME AND DIGITAL FORENSIC ACCOUNTING TECHNIQUES
Abstract: AN ASSESSMENT OF CYBERCRIME AND DIGITAL FORENSIC ACCOUNTING TECHNIQUES
This study assesses the effectiveness of digital forensi...
THE ROLE OF STRATEGIC COMMUNICATION IN ACHIEVING BUSINESS GOALS
Abstract:
This study aims to (1) evaluate the impact of strategic communication on achieving business goal...
THE IMPACT OF MODERN COMMUNICATION FACILITIES ON THE SECRETARY
Abstract
The secretary plays a very important role in the running of an organization. No matter how skillful and compete...
ACETYLATION OF CORN COB AND MANGO KERNEL- KINETICS AND APPLICATION FOR NON-AQUEOUS ADSORPTION PROCESSES
Justification for the Research
Residents of wetlands like the Nigeria’s Niger delta are concerned about the environmental impact of...
USE OF INTERNET TOOLS FOR TEACHING AND LEARNING COMPUTER STUDIES
BACKGROUND OF THE STUDY
Because of the widely acknowledged potential of technology to enhance education...
THE ROLE OF COLLECTIVE BARGAINING IN IMPROVING INDUSTRIAL HARMONY IN THE PUBLIC SECTOR
ABSTRACT
The main objective of collection bargaining is essential to described negotiation about working conditions and...
AN ASSESSMENT OF THE RELATIONSHIP BETWEEN COST BEHAVIOR ANALYSIS AND COST CONTROL STRATEGIES
Abstract:
This research explores the relationship between cost behavior analysis and cost control strat...
