I’m working on a accounting question and need an explanation to help me understand better.
Q1. Balanced score card is considered one of the innovated accounting tool to measure the performance from different perspectives to improve the performance. Kindly, develop a balance scorecard for any manufacturing company in the kingdom explaining the cause and effect relationship among the performance measures under all dimensions. (2.5 marks)
Q2. Budgeting is an accounting tool for planning and controlling purposes. Kindly, prepare using your own numbers the following operating budgets for any quarter :.( 2.5 marks)
1-Sales budget.
2-Production budget assuming beginning inventory and ending inventory.
3-Raw material budget assuming beginning and ending inventory.
4-Direct labour budget.
5-Manufacturing overhead budget.
all instructions are in documents.
