Cost Accounting/ACCT301

DescriptionCollege of Administration and Finance Sciences
Assignment (1)
Deadline: Saturday 29/04/2023 @ 23:59
Course Name: Cost Accounting
Student’s Name:
Course Code: ACCT 301
Student’s ID Number:
Semester: 3rd
CRN:
Academic Year: 1444 H
For Instructor’s Use only
Instructor’s Name:
Students’ Grade:
/15
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 answers 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.
College of Administration and Finance Sciences
Assignment Question(s):
(Marks 15)
Q1. Differentiate with suitable examples the relevant cash flows and irrelevant cash flows. What
relevant role do these cash flows provide in management decision-making? Provide a suitable
example in context to an organization to support your answer.
(3 Marks)
Note: Your answer must include suitable examples of relevant and irrelevant cash flows for
management decision-making.
(Week 2, Chapter 1)
Answer:
Q2. What are the various methods of estimating cost functions? Explain each method with
suitable numerical examples.
(4 Marks)
Note: You are required to assume values for numerical examples of your own, and they should not
be copied from any sources.
Answer:
(Week 3, Chapter 2)

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