Unit 3 Wider Professional Practice 1. Understand the concept of professionalism and core professional values in the lifelong learning sector 1.1 Analyse key aspects of professionalism in the lifelong sector . Define professionalism min 2 definition and compare them Webster’s Dictionary defines professionalism as the conduct‚ aims or qualities that characterize or mark a professional person (1). Meanwhile Oxford dictionary defines it as the practising of an activity‚ especially a sport‚ by professional
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Please note that this Assessment document has 5 pages and is made up of 4 Sections. Name: Section 1 – Understand the purpose of information technology in a business environment 1. In relation to your current business environment (or one that you are familiar with)‚ identify at least two different types of information technology that may be used when completing work tasks. Social Media – in motor insurance‚ there are a lot of claims that are filed that are suspected to be fraudulent. These
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your My Study area – make sure it is clearly marked with your name‚ the course title and the Unit and Assessment number. Name: Daniel Booth Please note that this Assessment document has 14 pages and is made up of 3 Parts. Part 1: Understand food labelling 1. Identify the nutritional information that must be provided on food labels. On food labelling nutritional information must be showing the amount of each of the following in 100g or 100ml; energy (in kJ and kcal) fat (in g) saturates
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CASE 35 A Sea Launch Recovery? CIRCA 2008 Sea Launch engineers say the three-week round-trip journey across the Pacific Ocean is the most rewarding part of their jobs. The cruise is the culmination of nearly two months of work preparing the rocket‚ payload‚ and launch teams for the mission. Prior to operations at Home Port‚ about 18 months goes into the planning‚ flight design‚ and logistics. “It’s really nice to know most of the reviews are over and we’re finally ready to launch‚” said Bill Rujevcan
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it ranks amongst the top five business houses of Pakistan. The group has strong presence in three most important business sectors of the region namely Textiles‚ Cement and Financial Services. In addition‚ the Group also has reasonable market share in Insurance (Adamjee and Security General)‚ Power Generation‚ Paper products (Nishat Shoaiba Paper Mills) and Aviation (Phoenix Aviation). Nishat Mills Limited is the flagship company of Nishat Group. It was established in 1951. It is one of the most
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EXPENSE RECOGNITION The production‚ sales‚ or cash receipts method can be used to assign revenues to periods of time. Expense recognition involves assigning or matching expenses to periods of time. Some expenses are closely related to the revenues assigned to periods of time. For example‚ the costs of goods sold during a period reflect the costs of materials‚ labor‚ and manufacturing overhead incurred to produce units of product that were sold. These costs are called product expenses. Other expenses
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Manage budgets and financial plans Case study 1. List the revenue and expense records that you would use to gather information and their source. Revenue Records of the Business * Sales Invoices * Cash register receipts * Credit card / EFTPOS receipts Expense Record of the business * Purchase Invoice * Rent Slip * Wages and salaries 2. Provide samples of source documentation Purchase Invoice | | | | Serial No. | Item Purchased | | Total | 0011 | Brocolli
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meaning A budget (from old French bougette‚ purse) is a financial plan and a list of all planned expenses and revenues. It is a plan for saving‚ borrowing and spending.[1] A budget is an important concept in microeconomics‚ which uses a budget line to illustrate the trade-offs between two or more goods. In other terms‚ a budget is an organizational plan stated in monetary terms. In summary‚ the purpose of budgeting is to: 1. Provide a forecast of revenues and expenditures‚ that is‚ construct
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Unit 3 Supporting children E1 - current laws that influence working practices in a setting for children are -United Nations Convention on the Rights of the Child 1989/1991 ‚ Children Act 1989 ‚ Children Act 2004 ‚ Equality Act 2006 ‚ speacial educational needs and disability act 2001. E2 - Uncrc legislation influence working practices in the setting by giving children their own special rights and allows childrens views to be heard.it defends the familys role in childrens lives ‚ respects children
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Case Study 3 - Cash Budget SCHEDULE OF EXPECTED CASH COLLECTIONS FROM CUSTOMERS: Credit Sales August September July ($30‚000 x 40%) 12‚000 August ($24‚000 x 60%)‚ September ($24‚000 x 40%) 14‚400 9‚600 September ($18‚000 x 60%) 10‚800 Total Cash Collections 26‚400 20‚400 SCHEDULE FOR EXPECTED PAYMENTS FOR PURCHASE OF INVENTORY Inventory purchases August September July ($65‚000 x 50%) 32‚500 August ($45‚000 x 50%)
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