-
Need For Effective Store Accounting In An Organization
CHAPTER ONE -- [Total Page(s) 4]
Page 3 of 4
-
-
-
1.5 RESEARCH QUESTIONS
It is necessary to establish some research question that will serve as a guide to the study.
These question would later be transferred to research hypothesis. The research hypothesis. The research questions are:
To what extent does stores accounting affect the administration of the organization.
To what extent do stores personnel activities affect the growth of the organizations.
To what extent does stores management affect the profit making of the organization.
1.6 SIGNIFICANCE OF THE STUDY
The result of this study may be of use of the following group of people;
The
result will be of help to Unama paper mill to enable the organization
know the importance of store accounting and how its enhances the profit
of the organization.
It will help to better way of conducting stores accounting and has contributed to the profit making of the organization.
Finally,
it is hope that the result obtained from this study shall be of immense
benefit to the government and to the literate public who may stumble on
this work and this would discover how stores accounting enhances profit
making in an organization.
1.7 LIMITATION OF THE STUDY
One of the
major constraints of this study was lack of finance to go around
collecting data from the respondents. In addition, some workers in the
organization were afraid to give accurate information for fear of
victimization . again, it was not possible to go through all the
document concerned because some documents were classified as secret
document and therefore were meant for any other persons consumption. The
researcher was disappointed to note the were very few books from which
to draw reference.
1.8 DEFINITION OF TERMS
1. BLIND STOCK TAKING:
This is a system where by the person taking stock is given no prior
information about the vocabulary numbers, descriptions, stock record
balances or location of items he is to check.
2. ACCOUNTING: Is a
process taken to guard against theft burglary , fire incident etc on
material of goods stored in the store house.
3. STOCK: This is the accumulation of materials, parts and components kept for future use.
CHAPTER ONE -- [Total Page(s) 4]
Page 3 of 4
-
-
ABSRACT - [ Total Page(s): 1 ]Alternatively, organization may put the responsibility of store accountability on individual stock keeper or manager for the stock held in their charge.As a result of this, most organization rely on them to control store accounting. Stores accounting and safety is one of the important areas of concern in stores management as a result of the need to protect the company’s huge investment is stock. All goods must have value to a company else they should not have been in stock.According to Mo ... Continue reading---
