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ASSESSING THE IMPORTANCE OF FINANCIAL INFORMATION IN MANAGERIAL DECISION MAKING: A CASE OF NATIONAL SOCIAL SECURITY FUND

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dc.contributor.author Mpore, Halima
dc.date.accessioned 2020-04-23T11:40:13Z
dc.date.available 2020-04-23T11:40:13Z
dc.date.issued 2013
dc.identifier.uri http://hdl.handle.net/11192/3037
dc.description A Research Submitted to Mzumbe University Dar es salaam Campus in Partial Fulfilment of the Requirement for Master of Science in Accounting and Finance (Msc A& F) of Mzumbe University. en_US
dc.description.abstract This study has assessed the importance of financial information in decision making at the NSSF Dar-es-Salaam Tanzania. The study was done at the NSSF and 50 respondents participated. The main objective of the study was to assess the importance of financial information in managerial decision. Specific objectives were to assess the importance of financial information used in making decision; to assess the effectiveness of decisions which are made using financial information; to suggest measures, to improve application of financial information in decision making and to examine the relationship between accounting information and decision-making. Case study design and qualitative research approach were employed during the study. Data collection methods included questionnaires, interviews, observation and documentation. The study used purposive sampling technique to obtain quality and good representation of respondents from the population. The major finding of the study is that the role and utilization of financial information in decision making varies with the size and scope of decisions, all interviewees pointed out that financial information is of high relevance to the National Social Security Fund. The research has evidenced that use of financial information can improve decision making and development of organizations. Most managers have enormous amounts of data and excess of tools and techniques exist to analyze and interpret data. The use of tools and techniques should be supported by an enabling infrastructure and capabilities that support execution and care should be taken when using data in context or for a purpose other than that for which it was originally collected. Data and information are attributed to entities by people and financial information should be based on fact or truth. The study ended by making recommendation for continual improvement and further research: motivators to a governing boards to promote financial indicator use in financial information in decision making, barriers imposed by time constraints experienced by financial officers in using financial indicators, competency levels of staff who support the financial officer’s preparing and reporting of financial indicators, and the use of technology to streamline use of financial indicators. en_US
dc.language.iso en en_US
dc.publisher Mzumbe University en_US
dc.subject Financial information en_US
dc.subject Decision making-Finance en_US
dc.subject NSSF-Tanzania en_US
dc.subject social security funds en_US
dc.title ASSESSING THE IMPORTANCE OF FINANCIAL INFORMATION IN MANAGERIAL DECISION MAKING: A CASE OF NATIONAL SOCIAL SECURITY FUND en_US
dc.type Thesis en_US


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