Questions

Assessment 1: Short Answer Questions Question 1 Explain the requirements of financial probity. Financial probity requires individuals and organizations to be honest and transparent in their financial dealings, and to adhere to ethical and legal principles in their financial management. Some of the requirements of financial probity include: …

King Edward VII College Budget Policy and Procedures Purpose of the Policy King Edward VII College will operate in a financially sustainable manner balancing revenue and expenditure. Our financial planning process are as follows: Financial objectives set for each year. Budgets set for each year. Procedures Budgets are set …

Executive Summary Established five years ago, King Edward VII College is a Registered Training Organisation (RTO) that provides training to students in business and management. Our principal purpose is to provide high quality training services to satisfy students needs. Our training is nationally recognised and accredited to meet vocational …

King Edward VII College has been operating for 5 years. The College is based in Sydney CBD and has an additional campus in Melbourne. The College offers a range of courses in management, marketing, human resources and international business. It currently has around 500 international students enrolled across all of its courses. Courses are offered a …

SECTION B Question 1 Mr and Mrs Evgeni run a private company, Evgeni Gifts Ltd, selling gifts and Jewellery items from the Far-East. Mr Evgeni has asked you to prepare set of financial statement for the year ended 31 December 2021 as soon as possible. The companys accountant had to take time off due to health issues. The following balances h …

1 Analyse your established partnership activity. 1.1 Use any appropriate method, tool or technique to analyse your reporting system data against the key indicators established in Section 1. 1.2 Summarise any strengths and weaknesses of the partnership. 2 Seek stakeholder input about any improvements that should be made to: the partn …

Use the work you completed in Section 1 of your Project Portfolio and if relevant, the additional information in the Simulation Pack to help you complete this section. For the remainder of the assessment, assume that your recommended partnership has been approved and partnership activities can commence. 1 Complete the table to summarise the p …

King Edward VII aims to enhance and streamline communications (internal and external) to reinforce the vision and strategic priorities. As such, we will continue to develop and trial new communication platforms, channels, and tools to improve information sharing and collaboration between all staff members. This policy is to be implemented in a w …

Purpose This policy describes guidelines to create, preserve and access King Edward VIIs records. Its purpose is to ensure that all records are accurate and secure. Scope A record is any type of file (document, spreadsheet, database entries) that King Edward VII stores in its systems. This includes files both employees and external …

Executive Summary Established in 2010, King Edward VII College is a Registered Training Organisation (RTO) that provides training to students in business and management. Our principal purpose is to provide high quality training services to satisfy students needs. Our training is nationally recognized and accredited to meet vocational and e …