Highlights
Important assessment information
This assessment task covers the fundamental skills and knowledge required to manage finances in an organisation. The focus is on budgeting and variance considerations and requires an understanding of cost behaviour, break even analysis as well as an understanding of basic financial statement ratio analysis.
This assessments uses financial data from Woolworths Ltd as well as some fictional case studies.
Skill based questions:
Where you are asked to write as though you presenting information to others, your answers must show your ability to:
• understand other people’s perspective/views
• show empathy
• display a professional response appropriate to the context
• explain ideas clearly and simply so that others can understand the issues
Knowledge based questions:
A knowledge based question requires you to clearly identify and cover the key subject matter areas raised in the question in full as part of the response
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