Role Of Management Accounting In The Decision Making Of A Manufacturing Industry .A Case Study Of Pz Cussons Nigeria Plc Aba)

MBAKWE NNEKA | 70 pages (11476 words) | Projects

ABSTRACT

There is always a need for management to make rational decision. In making such decision managers need some form of financial or quantitative analysis in order that a rational choice can be made. In most cases, a rational decision can arise based on the amount and quality of information that are available to the decision makers. It is pertinent to know that proper utilization of accounting information has been faced with a lot of problem such as the ineffective and inefficient use of accounting information. Hence the research work was aimed at determining how effective and efficient management applies accounting information in business decision making. The methods used in this research work is primary and secondary data . data was analyzed using tables and percentage. Chi-square (x2) was also used to test and compare an actual observed distribution with expected distribution using the formula x2= E Based on the analysis carried out the following were found; a. That management accountant provide all accounting information needed in business decision making. b. That managers make use of the accounting information supplied by accountant effectively and efficiently. Hence, based on the findings, the following will be recommended; a. Managers should have a good background of .accounting generally to enable them understand the information supplied to them. This can be achieved through training from time to time. b. Management accountant should be made to interpret every bit of information supplied to management.

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APA

MBAKWE, N (2021). Role Of Management Accounting In The Decision Making Of A Manufacturing Industry .A Case Study Of Pz Cussons Nigeria Plc Aba). Mouau.afribary.org: Retrieved Nov 01, 2024, from https://repository.mouau.edu.ng/work/view/role-of-management-accounting-in-the-decision-making-of-a-manufacturing-industry-a-case-study-of-pz-cussons-nigeria-plc-aba-7-2

MLA 8th

NNEKA, MBAKWE. "Role Of Management Accounting In The Decision Making Of A Manufacturing Industry .A Case Study Of Pz Cussons Nigeria Plc Aba)" Mouau.afribary.org. Mouau.afribary.org, 08 Jul. 2021, https://repository.mouau.edu.ng/work/view/role-of-management-accounting-in-the-decision-making-of-a-manufacturing-industry-a-case-study-of-pz-cussons-nigeria-plc-aba-7-2. Accessed 01 Nov. 2024.

MLA7

NNEKA, MBAKWE. "Role Of Management Accounting In The Decision Making Of A Manufacturing Industry .A Case Study Of Pz Cussons Nigeria Plc Aba)". Mouau.afribary.org, Mouau.afribary.org, 08 Jul. 2021. Web. 01 Nov. 2024. < https://repository.mouau.edu.ng/work/view/role-of-management-accounting-in-the-decision-making-of-a-manufacturing-industry-a-case-study-of-pz-cussons-nigeria-plc-aba-7-2 >.

Chicago

NNEKA, MBAKWE. "Role Of Management Accounting In The Decision Making Of A Manufacturing Industry .A Case Study Of Pz Cussons Nigeria Plc Aba)" Mouau.afribary.org (2021). Accessed 01 Nov. 2024. https://repository.mouau.edu.ng/work/view/role-of-management-accounting-in-the-decision-making-of-a-manufacturing-industry-a-case-study-of-pz-cussons-nigeria-plc-aba-7-2

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