Quality of Data and Knowledge Understanding Information Accounting System Affecting the Decision-Making Efficiency of Executives in Small and Medium-Sized Businesses

Abstract

The objectives of the research were to study the relationship between the accounting information quality and the decision-making performance of small and medium-sized business executives, and the relationship between knowledge and understanding of information and decision-making performance of executives in small and medium-sized businesses. The sample group used in the research was 124 executives in small and medium-sized manufacturing businesses in the metropolitan area. A questionnaire was used to collect data. The data were analyzed by descriptive statistics, which were Frequency, Percentage, Mean, and Standard Deviation, and Inferential Statistics which was Pearson Correlation Coefficient Analysis.

The study found that the accounting information quality overall has had a relationship with decision-making efficiency with a statistically significant level of .01, Knowledge and understanding on information has had a relationship to the overall decision-making efficiency and all aspects, comprised of the timeliness aspect, objective achievement aspect productivity aspect and the acceptance of those involved with statistically significant at a level of .01.