The Importance Of Cost Accouunting In Management Decision Making

ABSTRACT This research work is on the importance of cost accounting in management decision making.  The existence of obvious mismanagement fraud and extravagance, scandalous embezzlement in our companies and even the government owned parastatals has led to the need to find out whether management in cost accounting has any impact or not in decision making. It is the interest of the researcher to find out is as follows: (i)Formulation of effective planning and control techniques. (ii)The application of costing in management decision making (iii)The relationship between cost data and management…