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IMPACT OF EFFECTIVE MATERIAL MANAGEMENT ON PRODUCTION IN MANUFACTURING COMPANIES

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IMPACT OF EFFECTIVE MATERIAL MANAGEMENT ON PRODUCTION IN MANUFACTURING COMPANIES

                              TABLE OF CONTENTS

Cover page

Title Page          i

Dedication         ii

Acknowledgement        iii

Approval Page         iv

Abstract            v

Table of contents         vi

CHAPTER ONE

INTRODUCTION

1.1 Background of the study      1

1.2 Statement of problem       3

1.3 Objective of the study      4

1.4 Research Questions       5

1.5 Statement of hypothesis      5

1.6 Significance of the study      7

1.7 Scope of the study       7

1.8 Limitation of the study              8

1.9 Definition of terms       8

                                                                                          8

1.10 References        10

CHAPTER TWO: LITERATURE REVIEW

2.1 Introduction        11

2.2 Internal control               11

2.3 Role and Purpose of internal control     13

2.4 Types of Internal control                          15  2.5

Function of internal control             19

2.6 Internal control in financial institution     20

2.7 Element of a good internal control system     24

2.8 Relationships  between  internal  auditing  and  internal  control

system.           27

2.9 Management and internal control system     28

2.10 Defect and shortcoming of internal control          29

2.11 Possible solution to defects internal control system  31

2.12 Limitation of internal control             32

CHAPTER THREE          34

3.0 Research methodology

3.1 introduction          34

3.2 Research design         34

                                                                                          9

3.3 Sources of data          34

3.4 Area of study          35

3.5 population of the study        35

3.6 sample size and sampling technique             35

3.7 Research instrument                36

3.8 Validation and Reliability of instrument     37

3.9 Method of data analysis               37

CHAPTER FOUR         

4.0 Data Presentation and analysis       40

4.1 introduction          40

4.2 Data Presentation                40

4.3 Test of hypothesis                   45

CHAPTER FIVE         

Summary, Conclusion and Recommendation    54

5.1 Summary of findings         54

5.2 Conclusion          54

5.3 Recommendation                 55

Bibliography                    57

Appendix                            59

                                                                                        10

Questionnaire                  60

                                      ABSTRACT

Over  the  years,  there  have  being  a  problem  of  incorrect  and  unreliable

financial  record  which  has  lead  to  loss  of  organizational  integrity.  The

research work aimed among others at determining the relationship between

internal measures to proper accounting records. A survey research design

was adopted for this research study and a sample size was selected using

Yaro  Yamane  sampling  technique  as  data  used  were  obtained  from  both

primary and secondary sources. Four research questions were formulated

out of which three hypothesis were formulated using regression co-efficient

analysis method at 5% level of significance and the Z table was also used

for comparison between calculated value of significance B and tab le value.

The  finding  from  the  analysis  indicates  that  internal  control  measure

management  performance  and  is  necessary  for  the  growth  and

effectiveness  of  the  organization.  Financial  management  of  any

organization cannot do without internal control as true and fair presentation

of  financial  statement  may  never  be  possible  if  the  board  and  senior

management are not committed to providing a well planned internal control

system.  It  also  recommends  that  a  periodical  review  of  the  organization

should be done by the management so as to cope with the model trends in

organizational fraud prevention