THE USE OF MANAGEMENT ACCOUNTING TECHNIQUES AS A VERITABLE TOOL FOR ORGANIZATIONAL DECISION MAKING

ABSTRACT

This study was carried out to empirically examine the use of management accounting techniques as a veritable tool for organizational decision making. In order to actualise the objectives of the study, various literatures were discussed. The researcher administered one hundred and thirtythree (133) questionnaires to staff of Tower Aluminium Plc Abuja. Analysis was done using statistical package for Social Sciences. The data used for the purpose of this research was gathered through primary and secondary sources. The hypothesis was tested using multiple regression techniques. The findings from the multiple regression analysis showed that the use of management accounting techniques had a significantly positive impact on organizational financial performance. The study then recommended that managers of the organisation should continue their usage of Management Accounting techniques in order to maintain and improve their organizational performance in effective decision making. Also, managers of the organisation are suggested to use the mentioned tools in line with planning and interorganisatioal particular controls according to the available facilities.