make effective and efficient use of organisational resources to create maximum value by facilitating and influencing decision-makings. In decision-facilitation, the management accounting information provides relevant information and (or) knowledge to decision makers to make informed decisions. The management information can also influence decision making by incentivise desired actions from decision makers to make decisions that are in line with maximising organizational value.
Organisations exist to create value either for their owners and (or) stakeholders.
In decision-facilitation, the management accounting information provides relevant information and (or) knowledge to decision makers to make informed decisions. The management information can also influence decision making by incentivise desired actions from decision makers to make decisions that are in line with maximising organizational value.
Question:
Discuss possible improvements to the quality of the management accounting information that the company can adopt.
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