Impact Of Management Accounting Information On The Decision Making Process Of Manufacturing Companies (A Study Of Vita Foam Nigeria Plc Aba, Abia State.)
ABSTRACT
This project work is set to look into the Impact of
Management Accounting Information on the Decision Making process of
Manufacturing Companies with a case study of Vita Foam Nigeria Plc. The main
objective of this study is to examine the impact of management accounting
information on the decision making process of manufacturing firms in Nigeria. This
was followed by a review of relevant literature relating to the research topic.
In addition to the books and journals consulted, the research was conducted
with the use of questionnaires and personal interviews. A sample of twenty
eight (28) staff was randomly selected from the accounting and production
department of Vita Foam Nigeria Plc. Two hypotheses were formulated and tested
through use of simple regression on questionnaires administered to various
respondents. From the data collected and the tested hypothesis, results showed
that: management accounting information have signficant impact on the decision
making process and there is no sign /i cant impact of management accounting
information on the financial performance of manufacturing firms in Nigeria.
Amongst several recommendations were the following: Every business organization
should establish a management accounting department. The management accountant
or accounting officer of any organization should endeavor to provide the needed
or required accounting information for proper decision making process of the
management. Management of every business organization should promote the use of
advanced management accounting tools in order to enhance the quality of
management.
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IHEJTRIKA, K (2021). Impact Of Management Accounting Information On The Decision Making Process Of Manufacturing Companies (A Study Of Vita Foam Nigeria Plc Aba, Abia State.). Repository.mouau.edu.ng: Retrieved Nov 24, 2024, from https://repository.mouau.edu.ng/work/view/impact-of-management-accounting-information-on-the-decision-making-process-of-manufacturing-companies-a-study-of-vita-foam-nigeria-plc-aba-abia-state-7-2
KELECHI, IHEJTRIKA. "Impact Of Management Accounting Information On The Decision Making Process Of Manufacturing Companies (A Study Of Vita Foam Nigeria Plc Aba, Abia State.)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 25 Nov. 2021, https://repository.mouau.edu.ng/work/view/impact-of-management-accounting-information-on-the-decision-making-process-of-manufacturing-companies-a-study-of-vita-foam-nigeria-plc-aba-abia-state-7-2. Accessed 24 Nov. 2024.
KELECHI, IHEJTRIKA. "Impact Of Management Accounting Information On The Decision Making Process Of Manufacturing Companies (A Study Of Vita Foam Nigeria Plc Aba, Abia State.)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 25 Nov. 2021. Web. 24 Nov. 2024. < https://repository.mouau.edu.ng/work/view/impact-of-management-accounting-information-on-the-decision-making-process-of-manufacturing-companies-a-study-of-vita-foam-nigeria-plc-aba-abia-state-7-2 >.
KELECHI, IHEJTRIKA. "Impact Of Management Accounting Information On The Decision Making Process Of Manufacturing Companies (A Study Of Vita Foam Nigeria Plc Aba, Abia State.)" Repository.mouau.edu.ng (2021). Accessed 24 Nov. 2024. https://repository.mouau.edu.ng/work/view/impact-of-management-accounting-information-on-the-decision-making-process-of-manufacturing-companies-a-study-of-vita-foam-nigeria-plc-aba-abia-state-7-2