{"title":"Using Accounting Information In Decision-Making Process","authors":"Krit Ikram, S. Krit","doi":"10.26643/rb.v118i9.8652","DOIUrl":null,"url":null,"abstract":"Accounting system represents as the language of business because cost, price, sales volume, profits and return on investment are all accounting measurements and the purpose of accounting is to provide information that is useful for decision-making. \nThis paper aimed to explain and clarify the important of using accounting information in decision-making process, to meet the requested administrative needs to rationalize the administrative decision of the company. \n In the field of data, we used primary sources and secondary sources to achieve the objectives of the study and answer its questions. Through this approach, we obtained the data constituting the theoretical framework of the study. While the practical setting depends on an interview.","PeriodicalId":35351,"journal":{"name":"Restaurant Business","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2019-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Restaurant Business","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.26643/rb.v118i9.8652","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"Business, Management and Accounting","Score":null,"Total":0}
引用次数: 0
Abstract
Accounting system represents as the language of business because cost, price, sales volume, profits and return on investment are all accounting measurements and the purpose of accounting is to provide information that is useful for decision-making.
This paper aimed to explain and clarify the important of using accounting information in decision-making process, to meet the requested administrative needs to rationalize the administrative decision of the company.
In the field of data, we used primary sources and secondary sources to achieve the objectives of the study and answer its questions. Through this approach, we obtained the data constituting the theoretical framework of the study. While the practical setting depends on an interview.
Restaurant BusinessBusiness, Management and Accounting-Tourism, Leisure and Hospitality Management
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期刊介绍:
Restaurant Business is the leading media brand in the commercial foodservice industry, with a focus on entrepreneurship, innovation and growth. Restaurant Business understands the new state of media like no other, recognizing the importance and nuances of each, and helping you retrieve the information you need, wherever, whenever. Each product of Restaurant Business concisely shows growth-minded restaurateurs how to capitalize on trends, new concepts, changes in consumer tastes, new purchasing strategies and peers’ best practices. Our editors track ideas and trends as they develop within key channel segments including high-volume independents, multiunit operators, emerging chains and the top 100 chains, plus their top franchisees.