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This study was carried out to investigate accounting ratios as a veritable tool for corporate investment decisions: A study of selected organizations in Delta State. A set of structured questionnaire was used as the instrument for data collection and administered on eighty (80) respondents of the organizations under study in Delta State randomly selected using Taro-Yemane formula, the sample size from a population of 100 is 80 respondents at 95% confidence level. Data analysis was made using simple percentage tables and hypotheses were tested using the pearson product moment correlation coefficient and the t-test at 0.05% level of significance. The result showed that positive and significant relationship exists between accounting ratios and the study of liquidity position of an organization. The result also showed that positive and significant relationship exist between accounting ratios in providing avenue for examining the operational efficiency of management in an organization. It was concluded that accounting ratios are necessary for the performance and survival of an organization. The study, however, recommended that organizations should never base conclusion on ratio, non-recurring and extraordinary items whether profit or loss should be eliminated when computing ratios, interpretation of results according to the general business conditions and a host of others for effective application of accounting ratios for proper investment decisions in corporate organizations.

This study was carried out to investigate the imperatives of variance analysis for cost control in business organizations: An empirical study of selected firms in Delta State, Nigeria; A set of structured questionnaire was used as the instrument for data collection and administered on 60 respondents of the firms under study randomly using Yaro Yamene formula. Applying this formula, the sample size from a population of 70 is 60 respondents a~ 95% confidence level. Data analysis was made and the hypotheses formulated were tested using Kruskal Wallis one-way analysis of variance by rank. The findings revealed that positive and significant relationship exists between variance analysis in providing directions to the causes of non-performance as against standard performance and enhances management improvement in operations. It was concluded that variance analysis is necessary for organizational performance and growth. The study, however recommended among others, variances based upon scientifically established standards, existence of objective criteria for measuring inputs and outputs and standards should be set and variances analyzed for each responsibility centre for sound variance analysis.