Recent Question/Assignment

Assessment Resource Summary
Unit Details FNSACC605A – Implement Organizational Improvement Programs
Assessment Type This is a summative assessment, which requires each student to have adequate practice prior to undertaking this assessment
Assessment Methods Projects Assessment 1 (Part A)
(research and prepare the project proposals)
Assessment 1 (Part B)
(Analysis of project performance in relation to cost, revenue, project goals and objectives )
Assessment 2
(Analysis of company financial position and performance)
Assessment 3
(Review and evaluate organisation equipment and technology)
Written Assessment or Project Assessment 4
(Written Assessment / Project)

Last Modification Date December 2014
Proposed Review Date December 2014

Unit Summary
This unit describes the performance outcomes, skills and knowledge required to review current organisational improvement programs, contribute to strategic development, develop options for improvement and establish systems to support changes in resources management.
Prerequisite Units
There are no recommended pre-requisite units for this competency.
Possible Co-requisite Units
There are no recommended co-requisite units for this competency.

How to Conduct these Assessments
It is important that prior to conducting this assessment, the assessor undertakes the following:
Prior to conducting the assessment
• Read the assessment task as detailed throughout this document
• Contextualise the task (and checklist) to ensure it reflects the students working environment. (Be sure to check with the mapping document to ensure any contextualisation still covers the unit requirements)
• Read the assessor instructions and checklist prior to commencing the assessment
• Ensure the workplace (or simulated environment) is suitable for the parameters of the task, to ensure the students will have an appropriate opportunity to demonstrates their skills
• Make suitable modifications to the workplace if required to allow all tasks to be observed
• If undertaken on the job - discuss the assessment with the workplace supervisor, to so they are aware of what will happen throughout the process
• Ensure the student is allocated the appropriate time and resources for the task
• If undertaken on the job - Determine and agree with the supervisor an acceptable time frame for each assessment.
• Advise the student prior to conducting the assessment of:
o what will occur throughout the assessment process
o when the assessment will occur
o the level of competency expected
o NB: You should not tell the student how to undertake the task, as it would lead the student and render the assessment process invalid. The student should have been taught -How- to perform each task during the training stage, and is expected to know this prior to commencing the assessment
o DO NOT give the student a copy of the checklist prior to the assessment
Conducting the assessment
• Establish and oversee the evidence gathering process to ensure remains valid, reliable, fair and flexible
• Advise the student when to commence the assessment
• Observe the student undertake the tasks as outlined
• Record your observations in the assessor checklist
• Where a checklist point is not observed due to an inappropriate environment, or for a reason outside the students control, modify the scenario to allow the student an opportunity to perform the associated task
• Where a checklist point is not appropriate, write -N/A- in the space provided
• Gather supporting documentation where available and appropriate (as evidence)
• Incorporate allowable adjustments to the assessment procedure without compromising the integrity of the assessment
• Do not interfere with the assessment unless the students actions impose a risk to themselves or anyone else
• If a student performs an action incorrectly, mark it as such. Record what you see, not what you want to see.
• Once the assessment is complete, advise the student that the assessment has ceased, and record your comments in the sections provided
Making the decision
• The student needs to be deemed satisfactory in the full unit to gain competency.
• If you are in doubt, gather further evidence to help guide your decision.
• Assess the students on what you see during the assessment period, not on actions before or after the assessment.
• Use both the checklist and your professional competency to determine the final outcome for the student.
• If you are marking the student NYC, ensure you outline why you have made this decision, and provide advice on how the student can improve their skills / knowledge prior to reassessment.
After the assessment
• Provide constructive feedback to the student on their performance during the assessment period. Do not make any comments on actions undertaken prior or after the assessment period.
• Provide the student with:
o Clear and constructive feedback based on the assessment decision
o Information on ways of overcoming any identified gaps in competency revealed by the assessment the opportunity to discuss the assessment process and outcome information on reassessment and the appeals processes.
o An opportunity for reassessment if appropriate or requested by the candidate
o Information on appeal process as applicable to your organisation
• Where the students performance is deemed satisfactory, provide the student with a copy of the completed checklist, ensuring the comments section is completed.
• Where the students performance is deemed not-satisfactory - provide a copy of the comments / feedback, but not the checklist. This is to ensure the assessment remains valid on re-assessment.
• Record and report the assessment outcome as per your RTO's procedures

ASSESSMENT SUMMARY / COVER SHEET
This form is to be completed by the assessor and used as a final record of student competency.
All student submissions including any associated checklists (outlined below) are to be attached to this cover sheet before placing on the students file.
Student results are not to be entered onto the Student Database unless all relevant paperwork is completed and attached to this form.
Student Name:
Student ID No:
Final Completion Date:
Unit: FNSACC605A | Implement organisational improvement programs
Please attach the following documentation to this form Result
S = Satisfactory
NS = Not Satisfactory
NA = Not Assessed
Assessment 1 ? Part A – proposal attached
? Part B – Written assessment / project
S | NS | NA
Assessment 2 ? Statement of financial position attached
? Statement of financial performance attached
? Additional analyses attached
? Checklist attached S | NS | NA
Assessment 3 ? Written reports attached S | NS | NA
Assessment 4 ? Written assessment attached S | NS | NA
Final Assessment Result for this unit C / NYC
Student Feedback: _______________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
_______________________________________________________________________________________
Student Declaration: I declare that I have been assessed in this unit, and I have been advised of my result. I also am aware of my appeal rights.
Name: ____________________________
Signature: ____________________________
Date: ____/_____/_____ Assessor Declaration: I declare that I have conducted a fair, valid, reliable and flexible assessment with this student, and I have provided appropriate feedback
Name: ____________________________
Signature: ____________________________
Date: ____/_____/_____
Administrative use only
Entered onto Student Management Database ? ________________
Date
Initials

ASSESSMENT 1 – STUDENT INFORMATION
This information is to be handed to each student to outline the assessment requirements
PART A
You are to research and prepare the following revenue, cost, goals and objectives and mission and vision statement proposals for a Project of your choice.
Your strategic opportunity may include one of the following:
• Expansion / contraction of operational activities
• Alliances / joint ventures
• Outsourcing / in sourcing
• New business opportunities
The reports must include:
• Estimation of start of capital
• List major variable and fixed cost
• Factors to be considered while estimating revenue
• Environmental factors that may affect your project plan
When undertaking this assessment task, you must:
• Express your strategic opportunities in term of tactical and operational objectives
• Convert these opportunities into special projects or work programs
• Analyse financial trends, and interpret them in context of your objectives
• Clearly outline your financial planning objectives, process timeframes and resources.
• Consult with all relevant persons / groups when developing your proposals
• Consider past experiences, present trends and future expectations
• Show how your proposal is linked to your organisational strategic objectives
• Incorporate a realistic cost benefit and risk analyses / management plan into all proposals
• Detail your organisational investment target rates for capital expenditure proposals
• Identify performance measures and tactics for monitoring and control processes for each proposal / action
• Describe how your proposals comply with your organisations values, policies, code of conduct, and legal / ethical obligations
• Submit your proposal within the time-frame set by your assessor
• Provide supporting evidence (cost/benefit analyses, risk management plans, market research results, net present values, interest rate of return, pay pack calculations, etc)
The assessor must discuss the proposed business opportunity with the candidate prior to commencing with this assessment.

PART B
Next, you want to replace major equipment or introduce new technology in your project,
1. How you manage finances to address/support those changes?
2. As a project manager, how would you do cost-benefit analysis? Also provide few options for improvement in the project
3. Write a project performance report
Throughout this project you need to communicate clearly with your assessor. You are to demonstrate professionalism with all communications, as you will be representing your company and position.
ASSESSOR will role-play the position of supervisor, and all parties required for negotiation in order to demonstrate competency in this unit.
The assessor will be available to role play were required for this assessment
This project is due for submission on: _____________________________________________
ASSESSMENT 1 – ASSESSOR INSTRUCTIONS
These instructions must be followed when assessing the student in this unit. The checklist on the following page is to be completed for each student. Please refer to separate mapping document for specific details relating to alignment of this task to the unit requirements.
Please read the student information sheet for specific task information
This project may be undertaken in one of the following formats:
1. On the job where the Implementation of organisational improvement strategies is required.
These assessments must:
a. using a registered and operating workplace
b. ensure access to customers relevant to the work role and unit requirements
c. ensure access to staff members / colleagues
d. ensure candidate is working in a suitable role to the unit (i.e. - candidates undertaking units requiring staff supervision must have staff to supervise, and authority to do so)
e. ensure access to relevant, working and current tools and equipment as appropriate to the unit requirement
f. relating their project to their current or preferred vocational direction
2. Classroom / Simulated environment. These assessments must
a. As outlined in the TAA04 Training Package Glossary, “”Simulation is a form of evidence gathering that involves the candidate in completing or dealing with a task, activity or problem in an off-the-job situation that replicates the workplace context. Simulations vary from recreating realistic workplace situations such as in the use of flight simulators, through the creation of role plays based on workplace scenarios to the reconstruction of a business situation on a spreadsheet. In developing simulations, the emphasis is not so much on reproducing the external circumstance but on creating situations in which candidates are able to demonstrate:
i. technical skills
ii. underpinning knowledge
iii. generic skills such as decision making and problem solving
iv. workplace practices such as effective communication.”
b. If role plays are required, the assessor must ensure all ‘actors’ or ‘participants’ perform in a professional manner - reflecting an actual workplace. Participants are to be informed of their expected involvement.
c. If a simulated workplace is used, it must allow for distractions such as background noises, ringing telephones, interruptions - etc.
d. Each student must dress appropriately and professionally in line with workplace standards
e. Relating their project to their current or preferred vocational direction
f. Business models should be as realistic as possible, and documentation provided to the student should be as close as possible to what they would need to disseminate in a real work environment. You will need to role play the part of the advisor and other liaison contacts for this assessment, and assist the students in determining specific goals, milestones, policies that you deem relevant. Compliance with these set procedures and policies is critical.
For each assessment, you are to act as a supervisor and not interfere with the assessment. In the event that the assessment is activities will impact on the safety of a student or bystander, the assessment must be stopped immediately
ASSESSMENT 1 – ASSESSOR CHECKLIST
This checklist is to be used when assessing the students in the associated task. This checklist is to be completed for each student. Please refer to separate mapping document for specific details relating to alignment of this task to the unit requirements.
Please complete below
Student Name:
Student ID No:
Assessor Instructions:
Please refer to the detailed instructions outlined on the Assessment Instruction Page (previous) that provides more detail as to required observations:
? All reports attached
Whilst undertaking Assessment 1 (Part A, B + C) did the student: Satisfactory
Date Observed:
Student identified a suitable business opportunity ? Yes ? No
Student undertook discussions with stakeholders as appropriate ? Yes ? No
Student discussed and reviewed assumptions and organisation plan ? Yes ? No
Student accessed and evaluated previous financial data if available ? Yes ? No
Student identified and developed business plan ? Yes ? No
Student clearly detailed the following items:
• Cash ? Yes ? No
• Expenditure ? Yes ? No
• Revenue ? Yes ? No
Student included milestones in their budget to monitor performance ? Yes ? No
Student identified appropriate software for financial management ? Yes ? No
Student set performance indicators in their budget to monitor performance ? Yes ? No
Student identified any potential financial risks based on given data / information ? Yes ? No
Student recommended appropriate protection strategies as required ? Yes ? No
Student identified alternative asset management strategies ? Yes ? No
The following estimates were realistic based on the provided information:
• Future costs ? Yes ? No
• Future revenues ? Yes ? No
Student competently communicated with stakeholders regarding the following:
• Milestones ? Yes ? No
• Policies ? Yes ? No
• Goals ? Yes ? No
Return was generated / data entered following set procedures and adhering to Australian accounting standards ? Yes ? No
Student demonstrated functional keyboard and computing skills ? Yes ? No
Student demonstrated the ability to read and interpret financial information / statements ? Yes ? No
Student communicated effectively with instructor / supervisor at all times ? Yes ? No
Student gathered and verified all data effectively ? Yes ? No
Student demonstrated good time-management skills by submitting return within acceptable timeframes ? Yes ? No
During role-play with business specialist (assessor), did the student
• Communicate professionally ? Yes ? No
• Explain proposed budgets effectively ? Yes ? No
• Validate reasons and proposals thoroughly ? Yes ? No
Student detailed all delegations and organisation plan and policies for implementation and management of proposal ? Yes ? No
Student developed procedure for risk management and contingency planning ? Yes ? No
Student developed policy and procedure for record management ? Yes ? No
Comments
Result: Satisfactory | Not Satisfactory | Not Assessed
Student Declaration: I declare that I have been assessed in this unit, and I have been advised of my result. I also am aware of my appeal rights. Name: ________________________
Signature: ________________________
Date: ____/_____/_____
Assessor: I declare that I have conducted a fair, valid, reliable and flexible assessment with this student, and I have provided appropriate feedback
Name: ________________________
Signature: ________________________
Date: ____/_____/_____

ASSESSMENT 2 – STUDENT INFORMATION
This information is to be handed to each student to outline the assessment requirements
For this assessment, students can use same Project of your choice in assessment 1or any company, by undertaking the following tasks:
1. Prepare expenditure budget
• Ensure compliance with AASB standards
2. Prepare a statement of current income and expenditure
• Ensure compliance with relevant legislation and statutory compliance guidelines
3. Once the above statements are completed, students should further analyse the company’s performance by comparing the above data recommend further improvement
• Prepare relevant graph and pie-chart to further highlight above income and expenditure
This assessment is due on: __________________________________
ASSESSMENT 2 – ASSESSOR INSTRUCTIONS
These instructions must be followed when assessing the student in this unit. The checklist on the following page is to be completed for each student. Please refer to separate mapping document for specific details relating to alignment of this task to the unit requirements.
For this assessment, students are to utilise the information given to complete the comparative balance sheet for TMH Ltd located in Appendix 1. The relevant information needed is also included. Once completed, students are to analyse the performance of TMH Ltd. By undertaking the following tasks:
1. Prepare a statement of Financial Position
• Include appropriate diagrams and graphs to highlight relevant information
• Ensure compliance with AASB standards
2. Prepare a statement of Financial Performance
• As above, include relevant diagrams and graphs and ensure compliance with relevant legislation and statutory compliance guidelines
3. Once the above statements are completed, students should further analyse the company’s performance by comparing the above data with company goals as stated in Appendix 2.
• State how the company goals have varied from the actual data
• Prepare relevant graphs and diagrams to further highlight these differences
Please refer to student checklist for more detailed assessment instructions
SPECIFIC ASSESSOR NOTES
This assessment must be undertaken in a simulated working environment. Students will need access to AASB Accounting Standards and appropriate policy and procedure manuals such as accounting procedure manuals.
Observation Checklist outlined overleaf
ASSESSMENT 2 – ASSESSOR CHECKLIST
This checklist is to be used when assessing the students in the associated task. This checklist is to be completed for each student. Please refer to separate mapping document for specific details relating to alignment of this task to the unit requirements.
Please complete below
Student Name:
Student ID No:
Assessor Instructions:
Please refer to the detailed instructions outlined on the Assessment Instruction Page (previous) that provides more detail as to required observations:
? Expenditure budget is attached
? Statement of income and expenditure attached
? Additional analyses attached
Student checklist – Analyse business performance Satisfactory
Date Observed:
Student accessed required information from supervisor (e.g. company policy / authorisation measures) ? Yes ? No
Student correctly interpreted and followed given instructions / procedures ? Yes ? No
Student accessed and correctly interpreted and followed financial report preparation legislation ? Yes ? No
Student accurately and correctly prepared a statement of income and expenditure as directed, including:
• Student included appropriate diagrams / graphs to highlight information ? Yes ? No
• Student ensured statement complied with AASB standards and statutory compliance guidelines ? Yes ? No
• All graphs / data were clearly displayed, correctly labelled and accurately prepared ? Yes ? No
Student accurately and correctly prepared a budget as directed, including:
• Student included appropriate diagrams / graphs to highlight information ? Yes ? No
• All graphs / data were clearly displayed, correctly labelled and accurately prepared ? Yes ? No

Student prepared additional graphs / spreadsheets to demonstrate the following clearly and accurately including:
• Actual data ? Yes ? No
• Company goals ? Yes ? No
Graphs / statements were prepared following set procedures and adhering to Australian accounting standards ? Yes ? No
Student demonstrated functional keyboard and computing skills ? Yes ? No
Student demonstrated the ability to read and interpret financial information / statements ? Yes ? No
Student adhered to the principles of double entry accounting ? Yes ? No
Student communicated effectively with instructor / supervisor at all times ? Yes ? No
Student gathered and verified all data effectively ? Yes ? No
Student demonstrated good time-management skills by submitting return within acceptable timeframes ? Yes ? No
Comments
Result: Satisfactory | Not Satisfactory | Not Assessed
Student Declaration: I declare that I have been assessed in this unit, and I have been advised of my result. I also am aware of my appeal rights. Name: ________________________
Signature: ________________________
Date: ____/_____/_____
Assessor: I declare that I have conducted a fair, valid, reliable and flexible assessment with this student, and I have provided appropriate feedback
Name: ________________________
Signature: ________________________
Date: ____/_____/_____
ASSESSMENT 3 – STUDENT INFORMATION
This information is to be handed to each student to outline the assessment requirements
For this task you are to identify and evaluate at least 2 commercially available production machines for its appropriateness within your actual or projected business. You need to consider
1. Price
2. Usability
3. Features and functions
4. Pros and cons
5. Output
Provide your review in the form of a written report, making a recommendation on the most suitable product for you. Be sure to explain your approach, including the pros and cons of each product evaluated
This assessment is due on: __________________________________
ASSESSMENT 3 – ASSESSOR INSTRUCTIONS
These instructions must be followed when assessing the student in this unit. The checklist on the following page is to be completed for each student. Please refer to separate mapping document for specific details relating to alignment of this task to the unit requirements.
Students are to identify and evaluate at least 2 commercially available production machines for its appropriateness within your actual or projected business. You need to consider
1. Price
2. Usability
3. Features and functions
4. Pros and cons
5. Output
Students are to provide review in the form of a written report, making a recommendation on the most suitable product. They are to explain their approach, including the pros and cons of each product evaluated
Specific Assessor Notes:
1. Set a date for this assessment and advise students of the topic.
2. Hand out and explain the Student Information Form and allow opportunities for the student ask questions
3. Assess the candidates’ submissions / observations using the following checklist
This assessment may be undertaken in the following formats:
• On the job. These assessments must:
o using a registered and operating workplace
o ensure access to customers relevant to the work role and unit requirements
o ensure access to staff members / colleagues
o ensure candidate is working in a suitable role to the unit (i.e. - candidates undertaking units requiring staff supervision must have staff to supervise, and authority to do so)
o ensure access to relevant, working and current tools and equipment as appropriate to the unit requirement
o relating their project to their current or preferred vocational direction
• Classroom / Simulated environment. These assessments must
o As outlined in the TAA04 Training Package Glossary, “”Simulation is a form of evidence gathering that involves the candidate in completing or dealing with a task, activity or problem in an off-the-job situation that replicates the workplace context. Simulations vary from recreating realistic workplace situations such as in the use of flight simulators, through the creation of role plays based on workplace scenarios to the reconstruction of a business situation on a spreadsheet. In developing simulations, the emphasis is not so much on reproducing the external circumstance but on creating situations in which candidates are able to demonstrate:
? technical skills
? underpinning knowledge
? generic skills such as decision making and problem solving
? workplace practices such as effective communication.”
o If role plays are required, the assessor must ensure all ‘actors’ or ‘participants’ perform in a professional manner - reflecting an actual workplace. Participants are to be informed of their expected involvement.
o If a simulated workplace is used, it must allow for distractions such as background noises, ringing telephones, interruptions - etc.
o Each student must dress appropriately and professionally in line with workplace standards
o Relating their project to their current or preferred vocational direction
• For each assessment, you are to act as a supervisor and not interfere with the assessment. In the event that the assessment is activities will impact on the safety of a student or bystander, the assessment must be stopped immediately

ASSESSMENT 3 – ASSESSOR CHECKLIST
This checklist is to be used when assessing the students in the associated task. This checklist is to be completed for each student. Please refer to separate mapping document for specific details relating to alignment of this task to the unit requirements.
Please complete below
Student Name:
Student ID No:
Assessor Instructions:
Please refer to the detailed instructions outlined on the Student Instruction Page (previous)
Student checklist – Analyse business performance Satisfactory
Date Observed:
Identify 3 different commercially available financial management software ? Yes ? No
Consider and comment on price ? Yes ? No
Consider and comment on appropriateness to business ? Yes ? No
Consider and comment on usability including user support ? Yes ? No
Consider and comment on functions ? Yes ? No
Consider and comment on upgrades (to keep up with ATO changes) ? Yes ? No
Consider and comment on features ? Yes ? No
Consider and comment on pros and cons of the machines ? Yes ? No
Compare each software program ? Yes ? No
Justify comments and decisions appropriately ? Yes ? No
Select an appropriate production machine for business ? Yes ? No
Comments
Result: Satisfactory | Not Satisfactory | Not Assessed
Student Declaration: I declare that I have been assessed in this unit, and I have been advised of my result. I also am aware of my appeal rights. Name: ________________________
Signature: ________________________
Date: ____/_____/_____
Assessor: I declare that I have conducted a fair, valid, reliable and flexible assessment with this student, and I have provided appropriate feedback
Name: ________________________
Signature: ________________________
Date: ____/_____/_____
ASSESSMENT 4 – ASSESSOR INSTRUCTIONS
WRITTEN ASSESSMENT / PROJECT
This assessment may be undertaken in one of the following formats
Written assessment
1. Set a date for this written assessment.
2. Advise students of the topic and how the assessment will be marked.
3. Set up room with a gap between each student (staggered formation recommended)
4. Set ground rules including no phones, talking, books, etc.
5. Pass a copy of the assessment to each student (Ensure the answers have been deleted from the students copy)
6. Allow time for reading and questions before commencing assessment.
7. Once assessment has commenced, no communication between students is allowed.
8. If students repeatedly talk, or are caught cheating, they are to be removed from the classroom, and reported to student administration. Mark the assessment tasks as “incomplete”
9. Remember – assessments are a participatory process, so you can help re-word questions, but be careful NOT TO LEAD. We are assessing the students, not you!
10. Once completed, mark the assessment accordingly. Refer to the sample answers as direction on expected student responses
11. In the event that a question is not answered correctly, discuss the response with the candidate to determine if the student did not know the answer, or did not understand the question.
12. In order to achieve competency, all questions that are mapped in the associated mapping document MUST be answered correctly. Answers provided reflect the minimum technical content to be provided by the student
Project
1. Set a date for this written assessment.
2. Advise students of the topic and how the assessment will be marked.
3. Provide the blank project to the student
4. Provide student the opportunity to ask questions prior to starting the assessment.
5. In the event that a question is not answered correctly, discuss the response with the candidate to determine if the student did not know the answer, or did not understand the question.
6. Remember – assessments are a participatory process, so you can help re-word questions, but be careful NOT TO LEAD. We are assessing the students, not you!
7. Once completed, mark the assessment accordingly. Refer to the sample answers as direction on expected student responses
8. In order to achieve competency, all questions that are mapped in the associated mapping document MUST be answered correctly. Answers provided reflect the minimum technical content to be provided by the student.
ASSESSMENT 4 – WRITTEN ASSESSMENT / PROJECT
Student Name: ______________________________________________________________
Student ID No: ______________________________________________________________
Date: ______________________________________________________________
Please refer to the instructions below regarding completing this assessment
Written Assessment Project
This is a closed book written assessment. In the time allocated, you are to answer all of the following questions. Make sure you:
• Print Clearly
• Answer all questions
• Use a pen. Assessments written in pencil will not be accepted.
• Ask your assessor if you do not understand a question. Whist your assessor cannot tell you the answer, he/she may be able to re-word the question for you
• Do not talk to your classmates. If you are caught talking, you will be asked to leave and your assessment will not be marked.
• Do not cheat or plagiarise the work of others. Anyone caught cheating will automatically be marked Not Yet Competent for this unit. There are NO EXCEPTIONS to this rule. You are to research and answer all of the following questions. Be sure to:
• Print Clearly
• Answer all questions
• Use a pen. Assessments written in pencil will not be accepted.
• Ask your assessor if you do not understand a question. Whist your assessor cannot tell you the answer, he/she may be able to re-word the question for you
• Return your assessment by the date set by your assessor
• Do not cheat or plagiarise the work of others. Anyone caught cheating will automatically be marked Not Yet Competent for this unit. There are NO EXCEPTIONS to this rule.
Questions
1 What is Strategic Planning?

2 What is financial projection? Explain any 2 financial projections.
3 What does ‘expected return’ mean?
4 Describe briefly, how a business can manage their long term finances?
5 Describe cost-benefit analysis
6 What is inflation, explain with example.
7 What are the techniques to be used to analysed your project financial statement?
8 Describe the following term in relation to an organisations performance.
SWOT
9 Describe different types of business with at least one advantage of each.
10
Describe the following terms authority, responsibility, and accountability:
11 Create a mind map to measure project outcomes.
12 What is the financial reporting cycle relevant to your Industry?
13 How you monitor an evaluate organisation plan, policies and procedures?
14 What are the benefits of participative budgeting
15 What steps would you take to effectively implement the budget into a team environment?
16 Write in your own words how you achieve organisation aims and objectives?
17 You want to expand your business to other cities as well, to make further investment you need loan from financial institutions, describe processes for loan approval.
18 What are the difference between official and operational goals and list the benefits of organisational goals.
19 List communication processes and techniques
20 What is the Objective of a Staff Meeting?

21 What is the World Trade Organisation?
Student Declaration: I declare that the work submitted is my own, and has not been copied or plagiarised from any person or source. Name: ________________________
Signature: ________________________
Date: ____/_____/_____
ASSESSOR USE ONLY
Comments
Assessment Method: WRITTEN / PROJECT
Result
(Please Circle) Satisfactory Not Satisfactory Incomplete
Assessor: I declare that I have conducted a fair, valid, reliable and flexible assessment with this student, and I have provided appropriate feedback Name: ________________________
Signature: ________________________
Date: ____/_____/_____

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