What impact will this decision have on the state of the Saudi economy in general?

Zainab Accounting

Q1. Differentiate with suitable examples the traditional costing systems and activity-based costing. Explain how ABC is used in manufacturing by providing a numerical example.(3 Marks)

Note: Your answer must include suitable numerical examples. You are required to assume values of your own and they should not be copied from any sources.(Week 7, Chapter 7)

Q2. Provide a numerical example of special order decisions and make or buy decisions and explain how these decisions are backed by quantitative and qualitative considerations.(4 Marks)

Note: Your answer must include suitable numerical examples. You are required to assume values of your own and they should not be copied from any sources.

Part B

Question:

The Saudi Central Bank decided to raise the repo rate by 25 basis points to 5.25 percent, and raise the reverse repo rate by 25 basis points to 4.75 percent.

In a brief answer, What are the repo and the revers repo? What impact will this decision have on the state of the Saudi economy in general?In addition, what are the most prominent sectors affected?