Management Decision Process and Accounting Instruments Used in Decision Analysis

The research carried out in this article is a Behavioral Accounting Research, based on the following approach: How do individuals react to various issues in the field of accounting? The main purpose of this type of research is to describe the current decision-making behavior, to evaluate the quality of this process, as well as to develop and test theories in the sphere of psychological processes, which determine the behavior. Therefore, the content of this article will be based on the deductive approach, starting from theory to practice, with some research trends designed to verify the extent to which certain theoretical aspects mentioned above are confirmed by the practice in the field.