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Assignment (1)
Course Name: Cost Accounting
Student’s Name:
Course Code: ACCT 301
Student’s ID Number:
Semester: 1st
CRN: 14019
Academic Year: 1444 H
For Instructor’s Use only
Instructor’s Name: Dr. Shahid Husain
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.
Assignment Question(s):
(Marks 15)
Q1. How does risk impact decision-making? List the types of risk that impact business decisionmaking and provide suitable examples for each type of risk in the context of an organization.
(3 Marks)
Note: Your answer must include suitable examples for each type of risk.
(Week 2, Chapter 1)
Answer:
The area of business risk is vast. It pertains to any occurrence or situation that can make it difficult
for a corporation to accomplish its aims or objectives. Both internal and external business risks are
possible (for example the global economy). The existence of risk slows down the decision-making
process of a company. The company has to spend its time and effort in order to bring the risk into
consideration. There are...