Recent Question/Assignment

Assessment Details
Qualification Code/Title
Assessment Type Assessment -01 ( Short Questions Answer) Time allowed
Due Date Location AHIC Term / Year
Unit of Competency
National Code/Title FNSACC302 Administer subsidiary accounts and ledgers
Student Details
Student Name Student ID
Student Declaration: I declare that the work submitted is my own, and has not been copied or plagiarised from any person or source. Signature: ____________________________
Date: _____/______/__________
Assessor Details
Assessor’s Name
RESULTS (Please Circle) SATISFACTORY NOT SATISFACTORY
Feedback to student:
............................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................................
Student Declaration: I declare that I have been assessed in this unit, and I have been advised of my result. I am also aware of my appeal rights.
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.
Signature: ________________________________________
Date: ______/_______/___________
Instructions to the Candidates
Instructions to the Candidates
? This assessment is to be completed according to the instructions given below in this document.
? Should you not answer the tasks correctly, you will be given feedback on the results and gaps in knowledge. You will be entitled to one (1) resubmit in showing your competence with this unit.
? If you are not sure about any aspect of this assessment, please ask for clarification from your assessor.
? Please refer to the College re-submission and re-sit policy for more information.
? If you have questions and other concerns that may affect your performance in the Assessment, please inform the assessor immediately.
? To be deemed competent for this unit you must achieve a satisfactory result with tasks of this assessment along with a satisfactory result for the other assessment (Project)
? This is an Open book assessment which you will do in your own time but complete in the time designated by your assessor. Remember, that it must be your own work and if you use other sources then you must reference these appropriately.
? This is Individual Assessments. Once you have completed the assessment, please provide the Hard copy of the Assessments to your Trainer/ Assessor.
? Plagiarism is copying someone else’s work and submitting it as your own. Any Plagiarism will result in a mark of Zero.
Question 1
What is accrual accounting and how does it differ from cash accounting? Discuss in 80 to 100 words.
Answer
Question 2
What is a bank statement and how does it assist in identifying discrepancies? Discuss in 80 to 100 words.
Answer
Question 3
How can you identify a delinquent account and what should you do when one is identified? Discuss in 120 to 150 words.
Answer
Question 4
What are the consequences to you, personally, of non-compliance with legislative or regulatory guidelines? Discuss in 80 to 100 words.
Answer
Question 5
Discuss in 150 to 180 words the place of ethical principles, behaviours and codes in the financial services industry.
Answer
Question 6
What is the role of policy and procedures in relation to reconciling and monitoring financial accounts? Discuss in 80 to 100 words.
Answer
Question 7
How can you name and store files in a professional environment? Discuss in 80 to 100 words.
Answer
Question 8
Conduct research into the use of spreadsheet applications in reconciling and monitoring financial accounts. Discuss your findings in 150 to 180 words.
Answer

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