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BSBFIM501 Manage Budgets and Financial Plans

Question

Answered

This unit requires that you complete three assessment tasks. You must complete all tasks to achieve competency for this unit.

Assessment Task About This Task

Assessment Task 1: Written Questions Students must correctly answer all questions in this task to demonstrate that they understand the knowledge required of the unit.

Assessment Task 2: Project

Plan and Implement Budget Students will negotiate a budget with another staff member, develop contingency plans and then distribute to staff.

Assessment Task 3: Report

Monitor, Control and Review Financial Processes Students will monitor and report on budget expenditure and undertake financial process improvements.

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When you have completed each assessment task you will need to submit it to your assessor by the due date.

Instructions about submission can be found at the beginning of each assessment task.

Make sure you retain copy of your written activities before you submit those. Your submission to the assessor will keep into your student file. These will not be returned to you.

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At the beginning of each task in this booklet, you will find an Assessment Task Cover Sheet. Please fill it for each task, making sure you sign the student declaration.

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BSBFIM501 Manage Budgets and Financial Plans

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FIN4604 International Financial Management

Task: 1.How is international financial management different from domestic financial management? 2.How is a country’s economic well-being enhanced through free international trade in goods and services? 3.Explain Gresham’s Law. 4.Suppose that the pound is pegged to gold at 6 pounds pe ...

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Management

For this assessment you are required to expand on your first assessment. In the first assessment you were asked to identify a number of potential challenges that may arise. These were uncovered through a rigorous analysis of the financial position of the company in question and through the developme ...

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MT445-Managerial Economics

Purpost of the Assignment: In this Assignment, you will analyze fixed and variable costs of a small business. You will also evaluate optimal quantity of output that minimizes costs and maximizes profits. In this Assignment, you will be assessed on the following outcome: Demonstrate college– ...

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OPMT1110 Business Mathematics

Principal: The outstanding amount of the mortgage. When a purchaser first buys their house or condominium, the principal of the mortgage would be the difference between the purchase price and the down payment. Down payment: The amount of money that the purchaser contributes to the purchase price. In ...

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