Application Of Responsibility Accounting For Effective Control And Decision Making: A Survey Evidence From Manufacturing Industries In Abia State

IKPEOHA CHINELEOBI EMMANUEL | 70 pages (9966 words) | Projects

ABSTRACT

This research is aimed at evaluating the application of responsibility accounting for effective control and decision making: a survey evidence from manufacturing industries in Abia State. Responsibility accounting is a system of accounting which involves different organizational subunits like the cost, profit and investment departments. These departments and sub-units provide information to top management about their performance. This system of accounting cannot work except the organization is decentralized. The research identified how decentralization can work effectively where responsibility reports can assist in controlling and evaluating performance of subordinate and the sub-units. Therefore to achieve the aim of this research, the researcher collected data from sampling units of PZ Cussons Nig. Plc, Aba, Abia State, and the research hypotheses were tested using ANOVA technique. The study reveals that the company maintained effective internal control system and the concept of decentralization is in practice as well. And it concludes that managers' competency can affect a company's financial performance. It finally recommends that companies practicing responsibility accounting should ensure that proper evaluation method is in practice in its operations and process of evaluation

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APA

IKPEOHA, E (2021). Application Of Responsibility Accounting For Effective Control And Decision Making: A Survey Evidence From Manufacturing Industries In Abia State. Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/application-of-responsibility-accounting-for-effective-control-and-decision-making-a-survey-evidence-from-manufacturing-industries-in-abia-state-7-2

MLA 8th

EMMANUEL, IKPEOHA. "Application Of Responsibility Accounting For Effective Control And Decision Making: A Survey Evidence From Manufacturing Industries In Abia State" Mouau.afribary.org. Mouau.afribary.org, 22 Nov. 2021, https://repository.mouau.edu.ng/work/view/application-of-responsibility-accounting-for-effective-control-and-decision-making-a-survey-evidence-from-manufacturing-industries-in-abia-state-7-2. Accessed 01 Nov. 2024.

MLA7

EMMANUEL, IKPEOHA. "Application Of Responsibility Accounting For Effective Control And Decision Making: A Survey Evidence From Manufacturing Industries In Abia State". Mouau.afribary.org, Mouau.afribary.org, 22 Nov. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/application-of-responsibility-accounting-for-effective-control-and-decision-making-a-survey-evidence-from-manufacturing-industries-in-abia-state-7-2 >.

Chicago

EMMANUEL, IKPEOHA. "Application Of Responsibility Accounting For Effective Control And Decision Making: A Survey Evidence From Manufacturing Industries In Abia State" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/application-of-responsibility-accounting-for-effective-control-and-decision-making-a-survey-evidence-from-manufacturing-industries-in-abia-state-7-2

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