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Arabic Open University

College of Business Studies

Study assignment:TMA

Academic year: 2021 / 2022

Semester: Summer

1. the program : Accounting)In the arabic language(

2 path: Arabi
3. Course Code: ACCT305

4. Course name: Cost Accounting

5. General coordinator of the course: Dr. Jamal Abu Sardaneh

6. Assignment marks for the assignment: TMA

subtract m (due to non-compliance with a condition): Content

Total ato format and view;
The
with
hey
mark indexing; SABIC case
Number Words and electronic library
100 > 0-4 < p lamat for each item; Altogether subtracts 100 Die
treatment

<0-16> mark

Introduction to the homeworkTMA

The TMA study assignment is one of the main pillars in the educational process grading according to the open education system at the Arab Open University and

is corrected out of 100 marks, knowing that 15% of the final mark for the course is allocated to it.

The TMA coursework covers some concepts in financial accounting and practical practices in the corporate work environment (for the

classes mentioned in the study plan); in general, the assignment aims to assess the student's understanding of some of the learning

outcomes of the course book, and to verify, as well, that the student is able to apply This is in addition to giving the student confidence in

his ability to apply the tools he learned in this course to practical cases.

Homework aims: to achieve TMA

Faculty of Business Studies – Arab Open University1

 - Reviewing several semesters covered in the course book and applying some of the concepts mentioned in the book.

- Assessing the student's understanding of some learning outcomesBasic and for the course book.

To develop the student's ability to understand and interact with situationsLat operation and simulationPRACTICAL REALITY.

- Develop skillsTo communicate with the student, from writing a note to writing a report, analysis, linking, interpretation and presentation of the material.

- Develop computer skillsBasic for the student.

- Develop student research and investigation methods.

Assignment requirements: TMA

1. Reviewing the first chapters of the course book “Cost Accounting (2020)” and applying the basic concepts gained from it. Using the
2. Internet to conduct any necessary research, whenever the need arises.
3. Presentation and formatting of the answer using a required upper limit of words not to exceed 1500 words.
4. Use Microsoft Office Word in the answer - Arabic writing - Arial font type - font size 14.

5. Read and follow the following instructions carefully; A mark will be assigned to each question that is answered, which constitutes the total mark for

the TMA assignment.

General instructions and conditions for students:

Theft conditionPlagiarism: or cheating in homework, which isTo claim that you wrote your answer using your own words, or to quote what others have

written in whole or in part without appropriately citing the source. In this case, whoever commits literary theft shall be referred to the relevant

disciplinary committee in the branch, which takes its decision in accordance with the disciplinary regulations approved in the branch (Article (80) -

Academic Regulations for Bachelor Programs of the Arab Open University).

- word count conditionThe number of words in your answer must be a: Word CountDo not exceed the required upper limit. It is possible to

exceed and accept differences of 10% more or less than the required limit for the number of words. Failure to comply with this

requirement may result in a deduction of 4 marks out of the 100 marks that are the total mark for the TMA coursework.

Indexing clauseHarvard indexing system should be used: ReferencesFailure to comply with this condition
may result in a deduction of 4 marks out of the 100 marks total for the assignment. Harvard referencing
style.
Library conditionE-library: You are expected to support your answer using theAt least 2-3 sources from the E-library.
Failure to comply with this requirement may result in a deduction of 4 marks out of the 100 marks that is the
total mark for the TMA coursework.
Formatting and display conditionIn your answer, you must explain each question completed: Format and Presentationto answer it. You should

use the following headings (in the table below) to divide and arrange the different sections of your answer, as follows:

growth PT3 (cover) for duty Available on LMS

Pain
contents Titles and Contents Page

Homework TMA
Hello

say
References It is recorded according to the Harvard Indexing SystemLMS eAvailable at – Harvard ref
rencing style

Failure to comply with this requirement may result in a deduction of 4 marks out of the 100 marks that is the total mark for the TMA coursework.

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 Homework Questions - SABIC Case

SABIC is one of the largest chemical and petrochemical companies in the Middle East. It aims to be at the forefront of producers and marketers of petrochemical

and mineral products in the world. SABIC is an ambitious and competitive company that seeks to achieve its goal by providing products

and industrial services of high quality to its customers, and to achieve the ambitions of those who deal with it.

One of the strategic objectives of the establishment of SABIC in 1976 was to enrich the civilizational renaissance in the Kingdom of Saudi Arabia. SABIC in

the Middle East and Africa assumes this role throughout the region. It is also committed to developing natural resources in the region, and raising

The skills and capabilities of its people, and the company works to promote Saudi values, and works to respect the values of each of the countries in which we operate.

Instructions :

Choose one of SABIC’s annual reports for the period (2012-2021), download it from the company’s website, and answer the questions

The following through this report in Arabic, where the answer is in the form of a report containing different parts clarifying the points

next:

1- Is SABIC an industrial, service or commercial company, and how do you infer that, and how do the financial statements differ from each other in terms ofthousands of kinds

companies?

2- What are the products or services?For the basic provided by the company?

3- Calculating the gross profit and the percentage of gross profit for each product or service provided by the company

4- Explain the types of inventory used in SABIC, the value of each, and the value of eachFor total stock

5- Does SABIC consider development expenses?To create period costs or product costs? Explain the difference between the two methods and the effect of this on a list

Income for the company?

6- Does SABIC use a single accounting policy to record its inventory? Explain that policy or policies, indicating how they are inferred

From the annual report?

7- What is the costing system used by SABIC, and can more than one system be used and why? If notReferring to the costing system

In the annual report, what is the system used from your point of view and why, and can the company use more than one system and why.

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