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College of Administrative and Financial Sciences
Assignment 3
Deadline: 10-4-2021 at 23.59 pm
Course Name: Management Accounting
Student’s Name:
Course Code: ACCT 322
Student’s ID Number:
Semester 2
CRN:
Academic Year: 1441/1442 H
For Instructor’s Use only
Instructor’s Name: Dr.
Students’ Grade: Marks Obtained /Out of
Level of Marks: High-Middle-Low
Instructions – PLEASE READ THEM CAREFULLY
•
The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
•
Assignments submitted through email will not be accepted.
•
Students are advised to make their work clear and well presented, marks may be reduced for
poor presentation. This includes filling your information on the cover page.
•
Students must mention question number clearly in their answer.
•
Late submission will NOT be accepted.
•
Avoid plagiarism, the work should be in your own words, copying from students or other
resources without proper referencing will result in ZERO marks. No exceptions.
•
All answered must be typed using Times New Roman (size 12, double-spaced) font. No
pictures containing text will be accepted and will be considered plagiarism).
•
Submissions without this cover page will NOT be accepted.
Page 1 of 2
Assignment Question(s):
(5.0 Marks)
Q1. Balanced score card is considered one of the innovated accounting tool to measure the
performance from different perspectives to improve the performance. Kindly, develop a
balance scorecard for any manufacturing company in the kingdom explaining the cause and
effect relationship among the performance measures under all dimensions. (2.5 marks)
Answer:
Q2. Budgeting is an accounting tool for planning and controlling purposes. Kindly, prepare
using your own numbers the following operating budgets for any quarter :.( 2.5 marks)
1- Sales budget.
2- Production budget assuming beginning inventory and ending inventory.
3- Raw material budget assuming beginning and ending inventory.
4- Direct labour budget.
5- Manufacturing overhead budget.
Answer:
Page 2 of 2

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