The essence of this TMA is to allow students to practice various theories and concepts of the B392 course. Case studies allow students to demonstrate their understanding of the studied materials. Since all questions depend extensively on student’s justification, there is no typical answer for TMA questions. This marking guideline offers general framework to mark TMA where a tutor needs to apply his personal judgment in grading each question.
The TMA covers the management accounting concepts and practices in the businesses. It is marked out of 100 and is worth 20% of the overall assessment component. It is intended to assess students’ understanding of some of the learning points within Units 2, 3, 4 and 5 beside the supplementary material. This TMA requires you to apply the course concepts. The TMA is intended to:
Assess students’ understanding of key learning points within the first four units.
Increase the students’ knowledge about the reality of the Managerial Accounting as a profession.
Develop students’ communication skills, such as memo writing, essay writing, analysis and presentation of material.
Develop the ability to understand and interact with the nature of the managerial accounting tools in reality.
Develop basic ICT skills such as using the internet.
This TMA is based around three parts of “TESCO”, “Budgeting” and “capital Budgeting”. Marks will be awarded for blending the context of each case and with relevant theory by means of your own interpretation. In addition to this, some research is required.
The TMA requires you to:
1- Review various study sessions beside the supplementary materials.
2- Conduct a simple information search using the internet and the e-library.
3- Present your findings in not more than 1,030 words ± 10% (600 words for part A, 300 for part B and 130 for part C).
4- You should use a Microsoft Office Word and Times New Roman Font of 12 points.
5- You should read and follow the instructions below carefully. Each part of the process will carry marks for the assignment.
Please read these instructions carefully, and contact your tutor if you require any further clarifications. You should submit your completed assignment to your tutor to arrive no later than the cut-off Date mentioned above.
This tutor-marked assignment accounts for 20% of the total grade assigned to the course. This assignment will be graded out of 100 marks.
General Marks (Up to 20% Deduction)
Marks distribution: This assignment will be graded out of 100 marks, which will be allocated to your answer for the two mini cases’ questions. 20% will be deducted based on the following criteria:
• 10% for improper referencing (5% in-text referencing and 5% end-text references).
• 5% for improper presentation (using PT3 form with a clear presentation).
• 5% for not adhering to the word count (when applicable)
Please use standard A4 size paper for submitting the hard copy of your TMA. Your name, personal identifier, course and assignment numbers must appear at the top of each sheet. A soft copy of your TMA must be uploaded to the university moodle within the indicated cut-off date. The hard & soft copies must be identical. Please leave wide margins and space at the end of each sheet for tutor comments. It is better to use double spacing so that you can easily handwrite corrections to your drafts and tutors have space to include their feedback on the script. Start each question in the assignment on a new page.
Completing and sending your assignments
When you have completed your TMA, you must fill in the assignment form (PT3), taking care to fill all information correctly including your personal identifier, course code, section & tutor, and assignment numbers. Each TMA and its PT3 form should be uploaded on the AOU branch moodle within the cut-off date. Late submissions require approval from the branch course coordinator and will be subject to grade deductions. All assignments are treated in strict confidence.
The Arab Open University Definitions of cheating and plagiarism
According to the Arab Open University By-laws, “The following acts represent cases of cheating and plagiarism:
• Verbatim copying of printed material and submitting them as part of TMAs without proper academic acknowledgement and documentation.
• Verbatim copying of material from the Internet, including tables and graphics.
• Copying other students’ notes or reports.
• Using paid or unpaid material prepared for the student by individuals or firms.
• Utilization of, or proceeding to utilize, contraband materials or devices in examinations.”
Penalty on plagiarism
The following is the standard plagiarism penalty applied across branches as per Article 11 of the university by-laws:
1) Awarding of zero for a TMA wherein more than 20% of the content is plagiarized.
2) Documentation of warning in student record.
3) Failure in the course to dismissal from the University.
All University programmes are required to apply penalties that are consistent with the University by laws.
Examples of Plagiarism
Copying from a single or multiple sources, this is where the student uses one or more of the following as the basis for the whole, or a good part, of the assignment:
• Published or unpublished books, articles or reports
• The Internet
• The media (e.g.TV programmes, radio programmes or newspaper articles)
• An essay from an essay bank
• A piece of work previously submitted by another student
• Copying from a text which is about to be submitted for the same assignment
The TMA Questions
PART A: TESCO balanced Scorecard
Tesco PLC, is a British multinational groceries and general merchandise retailer with headquarters in Welwyn Garden City, Hertfordshire, England and United Kingdom. It is the third-largest retailer in the world measured by gross revenues and ninth-largest retailer in the world measured by revenues. It has shops in seven countries across Asia and Europe, and is the market leader of groceries in the UK, Ireland, Hungary and Thailand.
You can access on https://www.tescoplc.com/media/476557/tesco_2018_strategic_report.pdf
In order to download the 2018 strategic report.
Explain each of the following points or inquires separately:
1- Discuss the balanced scorecard in its four perspective and elaborate on its advantages. (150 words)
2- Elaborate on the advantages gained from using the BSC and the measures used by Tesco. (160 words)
3- Discuss five of the advantages that nonfinancial performance measures have over financial performance measures using examples from the case. (150 words)
4- Critically discuss the viability of the company on the long run. (140 words)
[Marks: (15+20+15+10) = 60]
PART B: Budgeting
Critically discuss the benefits and limitations of using budgets for strategic management purposes, with exploring some potentially adverse consequences of the budget process (Hint: some research is required here). (300 words)
PART C: Capital Budgeting
Critically discuss the purpose of capital budgeting and elaborate on the four steps to follow when making a decision about a major purchase or project. (130 words)
Total Marks: 60 + 20 + 20 – 20 Marks of deductions for general presentation and references]
In your answer, you should explain each point or inquiry separately.
All answers should be supported by examples.
Use the following headings (below) to make up the different sections of your work:
The PT3 form
Title and contents page
Part A TESCO balanced Scorecard
Part B Budgeting
Part C Capital Budgeting
References (Recorded according to the Harvard style – Available on LMS)
END of TMA
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