INTRODUCTION
OVERVIEW
The purpose of this Section is for learners and practitioners interested in pursuing a career path in security, research and crime prevention/reduction. The benefit of this unit standard is for Junior Managers or First Line Managers to apply the budget function in a business unit or department.
PURPOSE OF THE UNIT STANDARD
This unit standard is intended for managers of small businesses and junior managers of business units in larger organisations. The term business unit in this unit standard implies a small business, cost centre, section or department.
Junior managers include, but are not limited to team leaders, supervisors, first-line managers and section heads. The position term is used to describe the first level of management in an organisation at which an
the employee has other employees reporting to him/her.
The qualifying learner is capable of:
• Explaining the concept of budgeting in a business unit.
• Analysing the budget needs of a business unit.
• Presenting and justifying a proposed budget for a business unit.
• Monitoring and controlling actual expenses and revenue against projected expenses and revenue.
Course Curriculum
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SUPERVISORY - BUSINESS UNIT STANDARD 13941
UNIT STANDARD 13941
- LEARNER MANUAL Unit Standard 13941 Supervisory – Business
- LEARNER REGISTRATION and CERTIFIED ID COPY
- FORMATIVE ASSESSMENT Unit Standard 13941
- Question 1. Explain the concept of budgeting with reference to income and expenditure in relation to your specific business unit. (5)
- Question 2. List the items that make up gross revenue in your specific business unit. (5)
- Question 3. List the items that make up expenditure in your business unit with reference to cost of sales and cash outflows. (5)
- Question 4. What budgeting technique is most appropriate to your business unit? Please explain your answer. (5)
- Question 5. Explain the relationship between your business unit’s business plan and its budget needs. (5)
- Question 6. Explain the relationship between management expenses and economic viability. (5)
- Question 7. Explain the relationship between past budgets and future needs. (5)
- Question 8. What is a zero-based budget? (5)
- Question 9. Explain the process that you would follow to substantiate the estimated costs of a budget breakdown. (5)
- Question 10. Explain how you would justify proposed activities in terms of Cost: Benefit returns. (10)
- Question 11. List and explain 3 (three) ways in which you could justify budget values. (15)
- Question 12. Explain the actions that need to be taken to monitor the budget in an organisation. (10)
- Question 13. What is a variance report? (5)
- Question 14. List and explain 2 (two) valid reasons for changing the budget. (10)
- SUMMITIVE ASSESSMENT
- Question 1. Explain the concept of budgeting with reference to income and expenditure in relation to your specific business unit. (5)
- Question 2. List the items that make up gross revenue in your specific business unit. (5)
- Question 3. List the items that make up expenditure in your business unit with reference to cost of sales and cash outflows. (5)
- Question 4. What budgeting technique is most appropriate to your business unit? Please explain your answer. (5)
- Question 5. Explain the relationship between your business unit’s business plan and its budget needs. (5)
- Question 6. Explain the relationship between management expenses and economic viability. (5)
- Question 7. Explain the relationship between past budgets and future needs. (5)
- Question 8. What is a zero-based budget? (5)
- Question 9. Explain the process that you would follow to substantiate the estimated costs of a budget breakdown. (5)
- Question 10. Explain how you would justify proposed activities in terms of Cost: Benefit returns. (10)
- Question 11. List and explain 3 (three) ways in which you could justify budget values. (15)
- Question 12. Explain the actions that need to be taken to monitor the budget in an organisation. (10)
- Question 13. What is a variance report? (5)
- Question 14. List and explain 2 (two) valid reasons for changing the budget. (10)
Instructors
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