AC 062 MCBS Management Accounting Questions * 2000 words * i have important points to be found in the assignment . The first thing to write about in the

AC 062 MCBS Management Accounting Questions * 2000 words *

i have important points to be found in the assignment .

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AC 062 MCBS Management Accounting Questions * 2000 words * i have important points to be found in the assignment . The first thing to write about in the
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The first thing to write about in the introduction is the importance of budget, define it, and write the limitation. The second question writes the pros and cons of the budget in general, and then she writes about the Zero budget and the Incremental budget. She writes their positives and negatives. Then she writes which unit is better and why?

2/ The third question will settle the budget of the company for the last two years, And then the fourth question will be analyzed by its clerks.

3/ Follow the introduction, write How does Budget Help Companies?

4/ chose industry company from MSM type

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15 working days after deadline (All Levels)
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Module title & code
AC06-2 – Management Accounting
Assignment number and title
Individual Report
Assessment type
Individual report
Weighting of assessment
50%
Module learning outcomes
1. Knowledge and Understanding
Explain various management accounting techniques used by organizations for planning,
recording and control purposes.
2. Skills and Abilities
Demonstrate practical skills to create, organize and interpret data and information into
meaningful accounting information reports.
What am I required to do in this assignment?
A Budget is a quantified plan of action for a forthcoming accounting period. A budget is a plan of what the
Organisation is aiming to achieve against what it had set as a target. In this assignment you are expected to
write a reflective report incorporating the following:
1. An ideal introduction covering importance of budget.
2. Critical discussion on the benefits, drawbacks and process of budgeting.
3. You are required to prepare an incremental budget for the next two years of any listed
manufacturing company in Oman based on the income statement which can be downloaded
from Muscat Securities Market website (www.msm.gov.om), taking into consideration the
impact of covid-19 on the company’s profitability.
4. A detailed discussion on the budget prepared explaining the factors that you have considered
with clear rationale for the variations.
Deliverables
Submission
At the time of submission, you need to make sure that the assignment is your own and all the sources have been acknowledged.
Submission will be done via Turnitin Link on MOVE.
Is there a word limit (Number of Words ± 10%)?
2000
What do I need to do to pass? (Threshold Expectations)
•
Shows sufficient grasp of the subject to be acceptable.
•
Tends to be descriptive.
•
The calculation should be relevant to the area with correct answer.
How do I produce high quality work that merits a higher grade?
•
Strongly analytical. All important points are covered and correct calculation.
•
Arguments should be supported by examples and evidence, objectively presented and evaluated,
•
Well-structured and well written, without noticeable grammatical or other errors.
How does assignment relate to what we are doing in scheduled sessions?
•
By developing ability to prepare relevant statements and reports by applying Cost and Management Accounting
techniques.
•
Analyse and evaluate data from different cost and management accounting systems, to enable business decision
making, planning and control.
2
3
How will my assignment be marked?
Your assignment report be marked according to the threshold expectations and the criteria on the following page.
You can use them to evaluate your own work and estimate your grade before you submit.
No
Criterion
Weighing
(%)
Sub Standard /
No Attempt
(0 Marks)
➢
No evidence
Poor
(20 Marks)
➢
Limited
Satisfactory
(40 Marks)
➢
General
Good
(50 Marks)
➢
Understanding
of Issues
Calculation
and Analysis.
Evidence of
➢
➢
➢
Evidence of
understanding of
understandi
very good
excellent
exemplary
understanding
understandi
the various
ng of the
understandin
understandi
understandi
the issues.
ng the
issues.
various
g of various
ng of
ng of
issues.
issues.
various
various
issues and
issues and
provides
provides
support to
support to
the
the
discussion.
discussion.
Lack of
➢
The
➢
Use of a range of
➢
There is
➢
Very good
➢
Excellent
➢
Critical
analysis of
discussed
appropriate
good
application
analysis of
reasoning is
information.
tasks are
sources. but
evidence for
of the
the
consistently
No
completely
without critical
critical
information
information
evident
discussion is
out of focus.
evaluation, or
analysis and
to the case.
and precise
across the
missing some
reasoning in
There is
application
discussions.
significant items
some areas.
evidence
to the case.
The tasks
for in-depth
Critical
have
Evidence of
analysis of
reasoning is
exemplary
general critical
critical
data and
evident
discussion
stance. Evidence
evaluation
calculation
while
and detailed
evident.
50%
Evidence of
Outstanding
(100 Marks)
evidence of
40%
➢
2
➢
Excellent
(70 Marks)
of
issues.
1
Good
Very Good
(60 Marks)
calculation
➢
Task are not
not relevant
properly
to the area
addressed.
without the
correct
➢
Limited
➢
Evidence of a
➢
answer.
➢
evidence of
of limited critical
in some
However,
discussion
narration.
critical
evaluation in
areas,
all tasks are
of all the
With
evaluation
some areas, with
although
not
tasks. With
correct
of material.
some lost
some
consistent
correct
calculation.
opportunities or
calculation
in analysis
calculation
calculation
misunderstandin
not
and can be
part relevant
gs.
evaluated.
presented in
to the area
a better
without the
manner.
correct
answer with
poor
analysis of
information.
➢
➢
3
Presentation
and structure.
Clear logical
structure.
The report is
unorganized
to the point of
being
virtually
unreadable.
Lacks
cohesion and
orderly flow.
➢
➢
The
assignment
has
unacceptabl
e failings in
structuring
and / or
clarity
of
written
expression
➢
10
➢
Though
discussion of the
ideas is clear, a
coherent flow of
thought is not
evident.
The assignment
has failings in
structuring and /
or clarity of
written
expression,
which impair its
capacity
to
communicate
➢
➢
Frequent
compositional
errors
or
misspellings, but
the report can be
read
➢
Evidence
for
a
coherent
presentation
is evident,
but
lacks
uniformity
throughout
the essay.
While the
assignment
has
some
failings in
structuring
and / or
clarity
of
written
expression,
these do not
impair its
capacity to
communicat
e
More than
➢
➢
A generally
wellstructured
and
expressed
assignment,
that
communicate
clearly.
➢
Well
executed.
Few grammar
or
writing
errors. Reads
easily. Is
fairly
well
organized
➢
➢
An
assignment
whose clear
structure
and
expression
significantly
enhances its
argument
Reads
easily.
Is
well
organized
➢
The
structure is
exemplary
.Execution
is excellent.
Discussions
are free of
grammar or
writing
errors.
A
clear
layout
augments
the
presentation
.
5
occasional
errors
or
misspellings
6

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