Abstract This article highlights the report of the Committee on Managerial Decision Models of the American Accounting Association. Accountants continually work with accounting systems and financial reports, which are financial models of company operations. Models are useful because they provide a conceptual representation of realities, enabling the decision maker to anticipate and measure the effects of alternative actions. In this section, one briefly discuss the general characteristics of decision models. A model is a depiction of the relationships among the recognized factors in a particular situation; it emphasizes the key interrelationships and frequently omits some unimportant factors. Models have many forms and purposes: they may be descriptive or predictive; mathematical, physical or verbal; dynamic or static, and so on. Decision making is choosing among alternatives; it occurs as managers conduct their planning and controlling functions. A decision model is one which, in effect, performs management's planning and control functions-but only to the extent that management delegates when the model is constructed and implemented.
A Thu, study studied this question.