ABSTRACT
This research work is on "The application of Responsibility accountir..g for effective control and Decision making". The main obj ective /purpose of the work is to determin the effects and benefits of the application responsibility accountir..g in manufacturing industries. The data used were mainly pr ima.ryand secondary data. Data was analyzed using simple de.scriptive statistics such as tables distribution and percentages to show the degree of the response. The hypothesis was tested using Pearson Correlation Coefficient.The population of the study is 45 and the sample size derived using Yaro Yemen is 40. The major finding of this research work is that the application of responsibility Accounting is an effective tool for effective decision making and control. The recommei idation is that manufacturing industries should apply Responsibility Accounting in their companies' in order to achieve their goals and objectives of the firm.
TABLE OF CONTENTS
Title page -
Certifica :ion
Dedicaticin
Acknowledgment
Table of 'Contents
List of tables
Abstract
CHAPTE-~R ONE
1.1 Intrcduction 1
1.2 Statement of the problem 2
1.3 Objective of the study 3"
1. 4 Research questions
1. 5 Research hypothesis 5
1.6 Significance of the study 5
1.7 Scope of the study of the study 6
1.8 Limitation ..
1.9 Definition of terms 7
CHAPTl~R TWO
2.0 Conceptual framework 11
2.1 Responsibility accounting: an overview 12
2.2 Effect of responsibility accounting 17
2.3 Performance measurement and evaluation 18
2.3.1 Behavioural principles of performance evaluation 20
2.3.2 Operational principles of performance evaluation" 20t
2.4 Controllability 21
2.5 Decentralization 23
2.6 Cost - volume. - profit analysis 23
2.6.1 Basic assumption of C.V.P analysis 25
2.6.2 C.V.P analysis by formulae 25
2.6.3 Break-even chart 26
2. 7 Standard costing and variance analysis 30
2. 7 .1 Nature and purposes of standard costs. 31
2.7.2 Development of standard costs 32
2. 7 .a Objective of standard costing 32ยท
2.7.4 The benefits of standard costing 33
2.8 E'udgeting and Budgetary Co~trol 34
2.8.1 Types of Budget 35
2.8.~ Objectives of Budget 36
2.8.3 Budgetary Control 37
2.9 Summary of literature review 38
CHAPTJ~R THREE
3. 0 Re search Methodology: 39
3.1 Research Design 39
3.2 Area of Study 40
3.3 Pop .ilation of the Study 41
3.4 Sampling Techniques and Sample Size 42
3;5 Data Collection Methods and Instruments for Data Collection 43
CHAPTH~RFOUR
RESUL~rs AND DISCUSSION
4~0 Presentation and Analysis of Data 45
4.1 Preuentation of Data 45
4.2 Dat:t Analysis 35
CHAPT~R FIVE "
5.0 SUMMARY OF FIN..J;;>INGS, CONCLUSION AND RECO:W~IMENDATION.
5.1 Summary of the findings 59
5.2 Conclusion ti
5.3 Recommendation 61
Referer.ces
Appendix ii
LOVELINS, M (2020). The application of responsibility accounting for effective control and decision making a survey evidence from manufacturing industries in Ahia State. Repository.mouau.edu.ng: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/the-application-of-responsibility-accounting-for-effective-control-and-decision-making-a-survey-evidence-from-manufacturing-industries-in-ahia-state
MOUAU/07/9101, LOVELINS. "The application of responsibility accounting for effective control and decision making a survey evidence from manufacturing industries in Ahia State" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 31 Mar. 2020, https://repository.mouau.edu.ng/work/view/the-application-of-responsibility-accounting-for-effective-control-and-decision-making-a-survey-evidence-from-manufacturing-industries-in-ahia-state. Accessed 23 Dec. 2024.
MOUAU/07/9101, LOVELINS. "The application of responsibility accounting for effective control and decision making a survey evidence from manufacturing industries in Ahia State". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 31 Mar. 2020. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/the-application-of-responsibility-accounting-for-effective-control-and-decision-making-a-survey-evidence-from-manufacturing-industries-in-ahia-state >.
MOUAU/07/9101, LOVELINS. "The application of responsibility accounting for effective control and decision making a survey evidence from manufacturing industries in Ahia State" Repository.mouau.edu.ng (2020). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/the-application-of-responsibility-accounting-for-effective-control-and-decision-making-a-survey-evidence-from-manufacturing-industries-in-ahia-state