Accounting Question

College of Administration and Finance Sciences
Assignment (1)
Deadline: Saturday 12/10/2024 @ 23:59
Course Name: Auditing principals and
procedures
Student’s Name:
Course Code: ACCT 401
Student’s ID Number:
Semester: 1st
CRN:
Academic Year: 1446 H
For Instructor’s Use only
Instructor’s Name: DR. ASHFAQEU AHMED
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. What are the Components of Internal Control? Explain each component.
(5 points).
College of Administration and Finance Sciences
Q2. Why must an auditor assess materiality? (2.5 Points)
College of Administration and Finance Sciences
Q3.You are the owner of a small grocery store, Corner Marketplace. Explain the
five process categories and how they apply to your business. (2.5 Points)
College of Administration and Finance Sciences
Q4. Name two management assertions pertaining to the inventory account
balance and explain why they are considered in an audit. (5 points)
‫المملكة العربية السعودية‬
‫وزارة التعليم‬
‫الجامعة السعودية اإللكترونية‬
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 1 MGT101 (1st Term 2024-2025)
Deadline: 05/10/2024 @ 23:59
(To be released to students on BB in Week 3)
Course Name: Principles of
Management
Course Code: MGT101
Student’s Name:
Semester: 1st
CRN:
Student’s ID Number:
Academic Year: 1446 H (2024-2025)1st Term
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: /10
Dr. MISBAH UL ISLAM
Level of Marks: High/Middle/Low
Instructions: Please Read them carefully
•
•
This assignment is an individual assignment.
Due date for Assignment 1 is 05/10/2024.
•
The Assignment must be submitted on BB only in WORD format 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 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.
Restricted – ‫مقيد‬
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
‫المملكة العربية السعودية‬
‫وزارة التعليم‬
‫الجامعة السعودية اإللكترونية‬
College of Administrative and Financial Sciences
Assignment Purposes/Learning Outcomes:
After completion of Assignment-1 students will able to understand the
CLO1: State the concept of managementfunctions, roles, skillsof a manager and the different
theories of management
CLO 2: Describe the current trends and challenges in global business management.
Assignment-1 Please go through the Case and answer the questions that follows.
Starbucks’ Growth Destroyed Brand Value*
Starbucks announcement that it will close few stores in KSA, it is a long overdue admission that
there are limits to growth.
The founder Howard Schultz recognized the problem that his own growth strategy had created:
“Stores no longer have the soul of the past and reflect a chain of stores vs. the warm feeling of a
neighborhood store.” Starbucks tried to add value through innovation, offering Wi-Fi service,
creating and selling its own music. More recently, Starbucks attempted to put the focus back on
coffee, revitalizing the quality of its standard beverages. But none of these moves addressed the
fundamental problem: Starbucks is a mass brand attempting to command a premium price for an
experience that is no longer special.
Suppose you are hired by the Starbucks Coffee as CEO for Saudi Arabia. How will you help
company to recover and expand its operation in Saudi Arabia?
(*Source: This information is taken from the article “How Starbucks Growth destroyed Brand
Value” written by John Quelch published in HBR accessed from https://hbr.org/2008/07/howstarbucks-growth-destroyed on 19/9/2020)
Assignment Questions
Q1. To sustain and expand the Starbucks Stores in Kingdom of Saudi Arabia, you have to write a
report (around 350-400 words) based on the following points:
(4 marks)
a. Identify the competitive advantage(s) in business for growth.
b. What different products and type of services can be offered?
c. Business objective/goals/vision
Q2. Explain the different types of planning for the different levels of management in Starbucks
in KSA. Include the typical time frame for which each plan is created. (250 words Approx.)
(3 marks)
Restricted – ‫مقيد‬
‫المملكة العربية السعودية‬
‫وزارة التعليم‬
‫الجامعة السعودية اإللكترونية‬
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Part B
1. What do you understand by the term “Stakeholders”? Explain the differences between internal
and external stakeholders. Explain with examples how the International forces are affecting
the businesses organizations.
Restricted – ‫مقيد‬
(250 words Approx.) (3 marks)