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THE IMPACT OF MANAGEMENT ACCOUNTING TECHNIQUES ON ORGANIZATIONAL DECISION MAKING

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

The study examined the impact of management accounting techniques on organizational decision making, a Study of 5 Manufacturing companies in Abeokuta.

This study adopted a descriptive survey design. The purposive sampling was used to choose two hundred (200) employees from the five manufacturing companies in Ogun state namely; Dangote cement, flour mills, CDK integrated industries, Cometstar manufacturing company ltd, Apex paint limited. Hence, fourty (40) employees was selected from each manufacting firms.

The study was conducted using a mixed method approach (defined under “research design”), analysis was done using Statistical Package for Social Sciences (SPSS) and coding/theming.  SPSS was used.

Findings from this study reveal that there is a significant relationship between cash flow analysis and organizational decision making. Results further reveal that there is also a significant relationship between marginal costing and organizational decision making. Finally, the output show that there is no significant relationship between standard costing and organizational decision making.

The study concludes that management accounting techniques as a significant impact on organizational decision making, the study hereby recommend that; Management accounting techniques should always be utilized; It is necessary to apply managerial accounting techniques to make effective management decision by the manufacturing organizations operating in Nigeria; Organizational decisions should be guided by the outcome of an effective management accounting processes.





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