BTEC assignments 2011 ©LAHE

This assignment is a part/whole unit assessment activity

BTEC – Level 7 Advanced Professional Diploma in Management Studies

Assignment Brief

Unit Title: Managing Financial Principle & Techiques

Tutor: Date set: March 2010

Date of Submission: 17 May 2011 (A soft copy on CD and a hard copy)

Learning outcomes and criteria covered by this assignment

The aim of this assignment is to measure the outcome of students’ learning in terms of knowledge
acquired,
understanding developed and skills or abilities gained in relation to achieve the learning outcomes and
assessment criteria

Learning Outcomes

1. Be able to apply cost concept to the decision-making process

2. Be able to apply forecasting techiques to obtain information for decision making
3. Be able to participate in the budgetary process of an organisation
4. Be able to recommend cost reduction and management process for an organisation
5. Be able to use financial appraisal techiques to make strategic investment decision
6. Be able to interprete financial statement for planning and decision making

Assessment Criteria

AC1.1 in their chosen organisation learners need to explain the importance of cost
AC1.2 Develop an appropriate costing system to show full understanding and other system may be
considered
AC1.3 proposed improved system in their chosen organisation
AC2.1 Apply forecasting techiques to make cost and revenue decision for their organisation
AC2.2 Assess sources of fund available to their chosen organisation
AC3.1 Use learning techiques as part of process for selecting apprpriate budgetary for their chosen
organisation
AC3.2 Demostrated how they have participated in the creation of a master budget in their chosen
organisation
AC3.3 Compare actual expenditure to the master budget in their cosen organisation
AC3.4 Recognisedthe generic limitation of budget variance
AC4.1 Consider the processes involved in cost reduction
AC5.1 Demonstrate financial appraisal method to analyse competing project in the private and public
sectors
 BTEC assignments 2011 ©LAHE

This assignment is a part/whole unit assessment activity

AC6.1 Learner should be able to analyse financial statement statement of difference

companies
AC6.2 The chosen ratio must cover liquidity, profitability and effeciency ratio

BTEC –

LEARNER’S BRIEF

Programme: Post Graduate Diplomal Leve 7

Unit Title: Managing Financial Principles & Tecniques

Tutor Name: Shola Ajayi

Learners Name:______________________________________ Date handed in __________

I declare that the work I am submitting for assessment contains no sections copied in whole or part
from any other sources, unless it is explicitly identified by means of quotation mark or in the case of
very long quotations, by means of wholly indented paragraphs. I declare that I have also
acknowledged such quotations by providing detailed references in an approved format. I understand
that unidentified and un-referenced copying both constitutes plagiarism which is a very serious
offence

Learner signature_______________________________ Date / /

BTEC assignments 2011 ©LAHE

Evidence requirement (to meet assessment and grading criteria for Pass)

Task One (AC2.1, 2.2, 3.1,3.2, 3.3, 3.4)

1, what do you understand by the term budgetting?

2, Explain in details the framework of budgeting process

3, Write detailed note on the general purpose of budget

4, Write notes on five budgetary control process known to you

5, Write note on merit and demerit of budget system

6, Differentiate between zero based budget and incremental budget

Evidence requirement (to meet assessment and grading criteria for Pass)

Task Two (AC4.1, 4.2)

1, Display your understanding of cost control and cost reduction

2, Explain the process involve in cost control

3, Explain the basic tools involve in cost reduction

4, Write short note on work study and it sub-divisions

Evidence requirement (to meet assessment and grading criteria for Pass)

Task Three (AC5.1, 5.2, 5.3)

1, what are the primary purposes of investiment appraisal

2, explain with sufficient details what you understand by tradition and modern method of
investment apprasal

3, what are the major differences between traditional method and modern method of
investment appraisal

4, demonstrate your understanding of Net Present Value as relate to investment appraisal

BTEC assignments 2011 ©LAHE

The task above should be carried out at team level and produced in the format of a report.
The report should be approx. 3,000 words (for guidance purpose only) in length,
excluding any appendices.

You should also present PowerPoint for your presentation as a team.

Structure and format

You are advised to use the following format

Title page — the details of author, circulation, purpose of submission and date.

Acknowledgements — to those who assisted the author in the production of the report.
Contents — with page numbers.

Introduction — the background, the issue and the aim of the investigation.

Major sections — as many as necessary, usually covering the concepts used, the
information collected and the evaluation.

Conclusions — overall findings of the investigation: the overall picture that has emerged and
the implications.

Recommendations — actions that should be taken, based on the conclusions.

References — identification of literature and other sources used and referred to in the text

I. Preparation guidelines of the Coursework Document

a. All coursework must be word-processed

b. Document margins must not be more than 2.54 cm (1 inch) or less than 1.9cm (3/4 inch).

c. Font size must be within the range of 10 or 11 point including the headings and body text.

d. Standard and commonly used typeface such as Times new Roman or Arial etc should be
used.

e. All figures, graphs and tables must be numbered.

f. Material taken from external sources must be properly referred using Harvard referencing.

II. Plagiarism/Collusion

Any act of plagiarism or collusion will be seriously dealt with according to the regulations.
In this context the definition and scope of plagiarism are presented below:

Plagiarism is presenting somebody else’s work as your own, It includes copying information
directly from the Web or books without referencing the material; submitting joint coursework
as an individual effort; copying another student’s coursework; stealing coursework from
another student and submitting it as your own work.
BTEC assignments 2011 ©LAHE

Collusion is working collaboratively with another learner to produce work that is submitted as
the individual learners work

Suspected acts of plagiarism or collusion will be investigated and if found to have occurred
will be dealt with according to the college procedure.

III- Submission

a. All coursework must be submitted to the college reception by May 2010 and a receipt
must be obtained.

b. The copy of the coursework submitted will not be returned to you after marking but
feedback will be given on the work submitted.

c. Any computer files generated such as program code (software), graphic files that
form part of the coursework must be submitted on a floppy disc or CD together with
the documentation for plagiarism check.

IV - Good practice

a.Make backup of your work in different media (hard disk, floppy disk, memory stick etc) to
avoid distress for loss or damage of your original copy.

b.Make an extra hardcopy of your work submitted for your own reference or later use
V - Extension and Late Submission

If you need an extension for a valid reason, you must request one using a coursework
extension request form available from the college. Please note that the lecturers do not have
the authority to extend the coursework deadlines and therefore do not ask them to award a
coursework extension. The completed form must be accompanied by evidence such as a
medical certificate in the event of you being sick.