Question 10 – REPORTS
Complete the table below, by listing three types of financial reports that are produced in your workplace. Type of Report Content of Report Frequently of Report
Tag: Questions Assignment
Question 9 – BUSINESS RECORDS
Work through the following table and indicate whether each record should be kept or destroyed. Detail the reason for your answer and how long the record should be kept (for example, legislation requirement – retain for five years). Record Keep – Yes or No Reasons Suppliers Invoices Employee
Question 8 – Prioritising Significant Financial Performance
Stay in the Sky Airlines – Refer to the scenario information in question 7 Prioritise the issues in column one, by ranking them from 1 to 5 (with one being the most urgent and 5 the less urgent). Problem Prioritise (1 to 5) Stay in the Sky Airlines reported a
Question 6 – BUSINESS ACTIVITY STATEMENT
Using the following information, complete the Business Activity Statement, you may need to refer to the ATO website to help you complete. Download and complete the Business Activity Statement (BAS). It can be found separately on the course page.
Question No 5 – BREAKEVEN ANALYSIS & MOVING
AVERAGE Activity 5.1 – Break-even Answers A. B. Manage 8 Buildings Manage 10 Buildings Manage 15 Buildings Manage 20 Buildings Manage 25 Buildings Income Less Variable Costs Less Fixed Costs Total Cost
Question 4 – RECEIPTS & PAYMENTS
Attach an example of each of the following documents: If you are unable locate any of the above create your own sample containing all the information which you would expect to find on the document. Ensure you label each of the documents as to what it is. Students must provide
Question 3 – Depreciation
You are the Licensee-In-Charge of Hope & Murphy Real Estate and wish to purchase computers for your new office in the CBD. Using the information below: Office fit out $120,000 Assets effective Life 4 years Purchase Date 1st July STRAIGHT-LINE METHOD CALCULATION Years 1 to 4 – JOURNAL ENTRIES DEPRECIATION
Question No 2 – FLEXIBLE BUDGET
Please note: Editing has been restricted in this document. Prepare a Flexible Budget for Gold Coast Strata Management Pty Limited to show the following three scenarios: Strata Management Fees Received Pessimistic $3,500,000 Most Probable $4.200,000 Optimistic $4,500,000 Misc Income Pessimistic – Management Fees $ 80,000
Question 1 – PROFIT & LOSS AND BALANCE SHEET
Please note: Editing has been restricted in this document. From the information provided below, complete the following table: Account Name Classification Profit & Loss or Balance Sheet Amount Pay Superannuation Expense Profit & Loss $117,325 Pay Mobile Phone $7,500 Pay Office Rent $65,000 Land & Buildings
Case Study – WORLDUCATION
Worlducation is a social startup that manufactures tablet computers for primary school students. They not only focus on the hardware, but they also have a competitive team creating software, content and activities to better engage and educate the students. Worlducation aims to change the way children learn at school by
