FACULTY OF BUSINESS AND MANAGEMENT

FAKULTI PERNIAGAAN DAN PENGURUSAN

BDAW2103
BASICS OF FINANCIAL ACCOUNTING

ASSIGNMENT (30%)
TUGASAN (30%)

SEPTEMBER 2010 SEMESTER

SEMESTER SEPTEMBER 2010

INSTRUCTIONS TO STUDENTS
ARAHAN KEPADA PELAJAR

1) This assignment has a ONE (1) question only. You may write in English or in Malay.
Tugasan ini mengandungi SATU (1 ) soalan sahaja. Anda boleh menjawab sama ada menggunakan Bahasa
Inggeris atau Bahasa Melayu.

2) Your assignment should be typed on A4 paper using 12 pt Times New Roman and 1.5 line spacing.
Tugasan anda perlu ditaip atas kertas A4 dengan menggunakan saiz font 12 dan langkau baris 1.5.

3) You are to submit your assignment on-line through the myVLE. Please refer to the instructions in the portal for
more information on how to submit your assignment on-line.
Anda perlu menghantar tugasan secara on-line melalui myVLE. Sila rujuk kepada arahan dalam portal untuk
mendapatkan maklumat lanjut berkenaan penghantaran tugasan secara on-line.

4) Your assignment must be submitted between 28 November – 19 December 2010. Submissions after 19
December 2010 are not acceptable. Detailed instruction on submission procedure will be further
announced.
Tugasan anda hendaklah diserahkan antar 28 November – 19 Disember 2010. Serahan selepas 19 Disember
2010 tidak akan diterima. Arahan terperinci tentang penghantaran akan dimaklumkan.

5) The length of assignment will be between 2000-2500 words or about 5-6 pages excluding references.
Tugasan anda hendaklah antara 2000-2500 patah perkataan atau 5-6 muka surat tidak termasuk rujukan.

6) Your assignment will be assessed according to the specification contained in the rubric accompanying the
assignment question.
Tugasan anda akan dinilai berdasarkan kepada spesifikasi yang terdapat dalam rubrik yang disertakan
bersama-sama dengan soalan tugasan.

7) Plagiarism in all forms will not be tolerated. Assignment submitted will automatically be subjected to a
similarity check.
 Assignments with 10 – 30% overlap with others will be subjected to a 20% deduction from the total gross
marks scored.

 Assignments with more than 30% overlap with others will earn zero mark on the assignment. In such cases,
the course grade will be determined solely on the basis of marks obtained in the remaining components of
the course assessment.
 ASSIGNMENT QUESTIONS

PURPOSE
The purpose of this assignment is to enhance learners’ understanding in assessing the
internal control of a company.

REQUIREMENTS
AlSalam Sdn. Bhd. (AlSalam) has decided to diversify its business operations by
selling beverages through vending machines. AlSalam plans to purchase 312 vending
machines which will be situated at 78 different locations within a town. The company also
needs to consider the rental of a warehouse for storing of merchandise. AlSalam intends to
sell only canned beverages at standard price.
The management of AlSalam has hired an inventory control clerk to oversee the
warehousing functions, and two truck drivers who will periodically fill the vending machines
with the merchandise as well as deposit cash collected at a designated bank. The drivers will
be required to report to the warehouse on daily basis.

Required:
Evaluate the internal controls of the company that should be maintained to ensure integrity
and reliability of the warehousing functions and cash receipts.

1
 SOALAN TUGASAN

TUJUAN
Tujuan tugasan ini adalah untuk mempertingkatkan kefahaman pelajar-pelajar dalam
menilai kawalan dalaman sesebuah syarikat.

Keperluan
AlSalam Sdn. Bhd. (AlSalam) membuat keputusan untuk mempelbagaikan operasi
perniagaannya dengan menjual minuman melalui mesin jualan runcit. AlSalam merancang
untuk membeli 312 mesin jualan runcit yang akan diletakkan di 78 lokasi berlainan sekitar
dalam sebuah bandar. Syarikat juga perlu mempertimbangkan penyewaan gudang untuk
penyimpanan barangannya. AlSalam bercadang untuk menjual hanya minuman bertin pada
harga yang standard.
Pihak pengurusan AlSalam telah mengupah seorang kerani kawalan inventori untuk
menyelia fungsi-fungsi gudang dan dua pemandu trak yang akan mengisikan mesin-mesin
jualan runcit berkenaan dengan barangan serta mendepositkan tunai yang dikumpulkan di
bank yang ditetapkan. Pemandu-pemandu berkenaan akan dikehendaki melaporkan kepada
gudang setiap hari.

Dikehendaki:
Menilai kawalan-kawalan dalaman syarikat yang harus dikekalkan bagi memastikan integriti
dan kebolehpercayaan fungsi-fungsi gudang dan penerimaan tunai.

2
      Low
Criteria Marks
1 2
  Weight
1 Introduction 1 Brief explanation or
definition of internal control
2 Evaluation of internal 3 Poor coverage and unclear
control: warehousing explanation on physical access
functions to warehouse and
authorisation
Unable to demonstrate
understanding and no attempts
made to provide insights on
updating the record
reconciliation
Poor evaluation on
accountability and segregation
of duties of drivers and clerk
Fair
Fairly clear explanation or
definition of internal control
Fair coverage and clear
explanation on physical access to
warehouse and authorisation
Errors are still made in
demonstrating understanding
and some attempts are made to
provide insights on updating the
record reconciliation
Fair evaluation on accountability
and segregation of duties of
drivers and clerk.
Above average
3 4
Good explanation or
definition of internal control
and its components
Good coverage and clear
explanation on physical access
to warehouse and
authorisation
Highlight the authorisation of
clerk and drivers respectively.
Some degree of understanding,
comprehension and insights
are provided to discuss on
updating the record
reconciliation
Fairly clear explanation of daily
stock update and reconciliation
with physical stock and other
records by clerk
Good evaluation on
accountability and segregation
of duties of drivers and clerk.
Excellent  
Ma
Mark
Detailed explanation or 4
definition of internal control
and its components
Excellent coverage and 12
concrete explanation on
physical access to
warehouse and
authorisation
Clearly highlight the
authorisation of clerk and
drivers respectively.
High degree of
understanding, in depth
comprehension and
rationale insights is
provided to discuss on
updating the record
reconciliation
Clear and detailed
explanation of daily stock
update and reconciliation
with physical stock and
other records by clerk
In depth evaluation on
accountability and
segregation of duties of
drivers and clerk.
1
3 Evaluation of internal 2.5 Brief explanation on
control: cash receipts periodic independent surprise
check of vending machines and
poor analytical review
Brief explanation on
segregation of duties and cash
deposit
4 Conclusion 1 Poor conclusion and
irrelevant points
Total points 7.5
Fairly clear explanation on
periodic independent surprise
check of vending machines but
lack of analytical review
Fair explanation on
segregation of duties and cash
deposit
A fairly good conclusion
but lack of relevant points
Clear explanation on
periodic independent surprise
check of vending machines and
fairly good analytical review
Clear explanation on
segregation of duties and cash
deposit
A good and clear
conclusion that covers
some relevant points
Clear and detailed 10
explanation on periodic
independent surprise check
of vending machines and
thorough analytical review
Detailed explanation on
segregation of duties and
cash deposit
A conclusion that takes 4
into account all the
relevant points. Provide
constructive and
concrete reasoning
30