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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
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
The Assignment must be submitted on Blackboard (WORD format only) via allocated
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.
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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)
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.
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