Unit 2: Business Resources Amy Doherty D3: Benefits & Drawbacks of Variances Variances can be defined as “A measurement of the spread between numbers in a data set. The variance measures how far each number in the set is from the mean.”1 A variance can be adverse or favourable. An adverse variance is when the actual financial figures for a business are worse than forecasted and a favourable variance is when the actual figures are better than budgeted. A budget is an documented
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and loss account: The purpose of the profit and loss account is to: Show whether a business has made a PROFIT or LOSS over a financial year. Describe how the profit or loss arose – e.g. categorising costs between "cost of sales" and operating costs 2. Explain why it is important for a business to prepare a Profit and loss account: Business keeps various types of financial record to monitor its performance and ensure that taxes are paid. These include profit and loss accounts. A trading‚ profit and
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CANDIDATE’S REPORT Q1 Know about the legislation‚ guidelines‚ policies and procedures for safeguarding the welfare of children and young people‚ including e-safety 1.1 Identify the current legislation‚ guidelines‚ policies and procedures for safeguarding the welfare of children and young people‚ including e-safety The current legislation to safeguard children in England is “The Children Act (1989) and (2004)”. It is the main legal framework around which child protection procedures are orientated
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Unit two consists of articles related to Learning disabilities (LD). The articles range from academic support to declines in LD staffing‚ and specific types of LD such as Dyslexia‚ to building organizational skills to helping LD students become successful. In the article‚ “Learning Disabilities” Freiberg (2015)‚ it explains that the LD eligibility category makes up the largest number of students enrolled in inclusive and regular classrooms from grades k-12. The article goes on to explain other
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M1 In this task I am going to create an information sheet which will compare the purposes of the different documents used within the recruitment and selection process. Person specification: The purpose of the person specification is to provide details about the type of person required such as attributes‚ personality for example qualifications. The person specification often includes Knowledge and Skills Experience‚ Personal‚ attributes‚ Interests and qualifications. Job description: The purpose
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Summary Text 7 by Bruno Collin Immigration and business In the past two years the coalition government of the UK has been putting a lot of effort in their immigration policy. The prime minister has even promised to cut the immigration from outside Europe‚ down to tens of thousands by the end of 2015. For example‚ foreign students will have a few months after completing their courses to find a licensed sponsor who will pay them at least 20.000 pounds otherwise they have to leave the country
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CHAMPION EQUALITY‚ DIVERSITY AND INCLUSION UNIT 503 1.1 An understanding of the positive values of equality‚ respect for diversity and inclusion in care work is paramount and the importance of it never underestimated. Circumstances‚ which bring individuals into contact with support workers/carers by very nature‚ would suggest that the recipients of that care are likely to be vulnerable in one way or another. Inevitably‚ whilst caring for others and engaging with them about situations about their
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Case Analysis Unit 2 Assignment 2 Omar James Kaplan University The Case This case is an interesting one because it gets right into the core of the confliction between the proprieties of contractual agreement. This case is focused primarily on Osborne Development Corp. and the multiple defects customers are experiencing with their homes. These upset customers are suing this Corporation in attempts to collect reparations for the discrepancies faced. The homeowners who
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Part 2 (i) Give a description of the following variables using appropriate graphical displays and summary statistics: gender; time; travel; type; number. Explain what these show about the typical travellers on the system. a) Gender According to the survey results and figure 1‚ the number of respondents for male is 114 and female is 86. This may suggest that there are more males than females travellers travel in the train. b) Time According to the survey results in figure
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