MANAGERIAL ACCOUNTING: THE ROLE AND IMPORTANCE IN DECISION MAKING IN AN ORGANIZATION A CASE STUDY OF VITA FOAM PLC, SAPELE

ABSTRACT

This project attempts to establish the vital role which application of managerial accounting has played in decision making in an organization using Vita Foam Plc as a case study. This research work aims at examining the importance of managerial accounting in decision making in an organization. This study is significant as it will help to reduce the risk involved in decision making in organization for the purpose of this study, the work is sub-divided into five chapters, chapter one deals on the background of the study, which include statement of problems, purpose of the study, definition of terms etc. Chapter two focused on literature review which borders on related works at various professional and intellectuals, chapter three emphasis on the method of data collected and analysis. The data collected through questionnaires were analyzed with tables of percentages with sample size of 29. Chapters four deals with presentation of analyzed data. Finally, chapter five discuss the research findings, conclusion, and recommendation for the important of managerial accounting in decision making in an organization and further research.

TABLE OF CONTENTS
Title page i
Certification ii
Dedication iii
Acknowledgement iv
Abstract v
Table of content vii
CHAPTER ONE: Introduction
1.1 Background of the study 1
1.2 Statement of the problem 2
1.3 Objective of the study 2
1.4 Research question 3
1.5 Significance of the study 3
1.6 Scope of the study 4
1.7 Limitation of the study 4
1.8 Definition of key terms 4
CHAPTER TWO: LITERATURES REVIEW
2.1 Introduction 6
2.2 The Relevant of Management Accounting 6
2.3 The Challenges and Responsibilities of Management Accounting 7
2.4 Functions of Management Accounting 8
2.5 Decision Making and Management Accounting 9
2.6 Types of Decision Making 9
2.7 Management Accounting Techniques Used in Decision Making 10
CHAPTER THREE: RESEARCH METHODOLOGY
3.1 Research Design 12
3.2 Population and sample size 12
3.3 Sample Size 12
3.4 Sample techniques 13
3.5 Instrument of Data Collection 13
3.6 Validity of Instrument 13
3.7 Reliability of the Instrument 14
3.8 Method of data collection 14
CHAPTER FOUR: DATA PRESENTATION AND ANAL
4.1 Introduction 15
4.2 Presentation and Analysis of Result 15
4.3 Discussion of Findings 21
CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION
5.1 Summary of the Study 22
5.2 Conclusion 22
5.3 Recommendation 23
5.4 Suggestion for further study 24
Reference 25
Appendix I (Research Questionnaire) 26