The most successful leaders understand that the best decisions are made when there is ample information and relevant information. This module focuses on the process of decision-making and using the accounting data to support these decisions. Organizations use logical processes when making key strategic decisions for the organization. The process often involves gathering information, making predictions, making a choice, acting on the choice, and evaluating the results. This process also includes using accounting data to determine costs and to understand the potential benefits of each alternative.

There are a variety of decisions that organizations focus on, such as quality control, inventory needs, and time issues. Through a combination of accounting data and technology, organizations can gain a competitive advantage by using relevant information to make key decisions in these key areas.