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British Journal of Science May 2012, Vol. 5 (1)52The Use Accounting Information as an Aid to Management in Decision MakingDR. (MRS.) OKOLI MARGARET NNENNA Dept. of Financial Management Technology Federal.

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Accounting information system is the vital system to all organizations to make decision (Wilkinson et al., 2000). Accounting information helps for decision makers to understand their tasks more clearly and reduce uncertainty before making their decisions (Chong, 1996).

AIS involved identifying, recording, analyzing, summarizing and communication of economic information to its end user for decision making. Decision making has been described as a purposeful choosing, from a number of alternative causes of action. AIS provide managers with the necessary information they need.

Managers use cost accounting information to make different types of decisions, which include developing long-term strategies and creating short-term operating plans. Managers achieve higher-quality decisions by using higher-quality relevant information and decision-making practices.

Financial accounting helps managers create budgets, understand public perception, track efficiency, analyze product performance, and develop short- and long-term strategies, among several other decisions aided by accounting figures.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232