The impact of accounting for material flow costs in reducing costs: Exploratory study
Abstract
The study aims to test the correlation between the two variables of the study by accounting for material flow costs and reducing costs, and testing the pattern of impact that the application of material flow cost accounting makes in reducing costs. To achieve the objectives of the study was surveyed a random sample of academics in accounting disciplines, and specialists in the field of cost accounting and management in Iraqi industrial companies, by preparing a questionnaire and distributing it to the sample of the study, and included the questionnaire three axes, the first axis information on the sample of research to analyze the characteristics of the sample, and the second axis included (11) questions about the independent variable accounting for the costs of material flow, and the third axis included (11) questions on the variable supra cost reduction and analysis of the resolution data using statistical program (SPS) And use the Pearson correlation coefficient to test the correlation between the two variables and the simple linear regression to test the relationship effect.
The study of the analysis of the data of the resolution found a correlation of a statistically indicative correlation between the application of material flow cost accounting and cost reduction, as well as a moral effect for applying material flow cost accounting to reduce costs.
The study recommended the need to apply accounting for the costs of the flow of materials because of its importance in providing information by tracking the materials involved in the production process and measuring their outputs and identifying the final products and emissions and residues and thus reducing their costs and improving the production process and reducing their environmental effects that lead to reducing the cost of products.
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