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http://dx.doi.org/10.22156/CS4SMB.2021.11.11.010

The effect of prioritizing big data in managerial accounting decision making  

Kim, Kyung-Ihl (Korea National University of Transportation)
Publication Information
Journal of Convergence for Information Technology / v.11, no.11, 2021 , pp. 10-16 More about this Journal
Abstract
As the implementation of smart factories spreads widely, the need for research to improve data efficiency is raised by prioritizing massive amounts of big data using IoT devices in terms of relevance and quality. The purpose of this study is to investigate whether prioritizing big data in management accounting decisions such as cost volatility estimation and recipe optimization can improve smart solution performance and decision-making effectiveness. Based on the survey answers of 84 decision makers at domestic small and medium-sized manufacturers who operate smart solutions such as ERP and MES that link manufacturing data in real time, empirical research was conducted. As a result, it was analyzed that setting prioritization of big data has a positive effect on decision-making in management accounting. became In addition, it was found that big data prioritization has a mediating effect that indirectly affects smart solution performance by using big data in management accounting decision making. Through the research results, it will be possible to contribute as a prior research to develop a scale to evaluate the correlation between big data in the process of business decision making.
Keywords
Big Data; Managerial Accounting information systems; Smart Solution; Decision-Making; Prioritization;
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