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SITXFIN003 Assessment 2 -Short Answers.docx - Course code...

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Course code and name: SIT40516 - Certificate IV in Commercial CookerySIT40716 - Certificate IV in PatisserieUnit code and name:SITXFIN003 Manage finances within a budgetASSESSMENTPurpose:The purpose of this assessment is to assess your knowledge required tocomplete the tasks outlined in elements and performance criteria of this unit.Find details of the assessment requirements fromASSESSMENT 2LECTURER/ TRAINER:SIMON SAIDUZZAMAN/TIMOTHY JORDANSTUDENT NAME:STUDENT NO:DATE DUE :DATE COMPLETED:YOUR TRAINER WILL FILL IN.Assessment Tasks and InstructionsReasonable Adjustment1.Has reasonable adjustment been applied to this assessment?NoNo further information requiredYesComplete 2.2.Provide details for the requirements and provisions for adjustment of assessment:Student to completeMy assessor has discussed the adjustments with meI agree to the adjustments applied to this assessmentSignatureDate2ndAssessor to completeI agree the adjustments applied to this assessment are reasonableNameSignatureDateAssessment GuidelinesWhat will be assessedSIT Version 11of9©Futura Group 2016
Course code and name: SIT40516 - Certificate IV in Commercial CookerySIT40716 - Certificate IV in PatisserieUnit code and name:SITXFIN003 Manage finances within a budgetThe purpose of this assessment is to assess your underpinning knowledge to complete the tasks outlined in theelements and performance criteria for this unit of competency and relating to the following aspects:types of financial records:obank deposit documentationobank statementsobanking summariesobusiness activity statementsocheque booksocredit card transaction statementsoinvoicesojournal entriesolabour and wages reportsomerchant statementsomerchant summariesotransaction reportstypes of budgets:ocash budgetsocash flow budgetsodepartmental budgetsoevent budgetsoproject budgetsopurchasing budgetsosales budgetsowage budgetsowhole of organisation budgetsfactors for consideration in the preparation of financial and statistical reports:ocash flowocommercial account activityocommission earningsocovers and financial returnodaily, weekly and monthly transactionsoexpenditureoincomeooccupancy rates and financial returnoperformance of department, project and/or products and servicesosales performanceosales returnsostaff costsostock levelsovariance in income and/or expenditure

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Term
One
Professor
david
Tags
Income Statement, Commercial Cookery

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