FNSBKG401A Bookkeeping Policies and ... - Bookkeeping Education

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					                          Assessment Workbook
               FNSBKG401A Bookkeeping Policies and Procedures

There are three worksheets in this Assessment Workbook
  1. Instructions worksheet named Instructions (which is this worksheet)
  2. Student Declaration worksheet named Declaration
  3. Assessments Submission worksheet named Assessments Submission

1) Please complete the Student Declaration in the Declaration worksheet.
2) Please enter your responses to the assessment tasks, in the Assessments
Submission worksheet.
3) Please submit the completed assessment workbook by email to
bookkeeping@ibi.edu.au
4) Some assessment tasks require you to provide downloads of documents,
electronic printouts, reports, etc. Please submit them as attachments to your
email submission.
Please give a clear file name to EACH document that you submit in the format: Student Name - Student
    - Course Unit - - 0425BUR Cash Date - Version No.
ID E.g. Tom Burton Document-Title -Accounting - Assessment Workbook - 16June2011 - Version 1
   E.g. Tom Burton - 0425BUR - Cash Accounting – Assessment Task 6 - 16June2011 - Version 1
                                       Student Declaration
                            FNSBKG401A Bookkeeping Policies and Procedures




“I affirm that all work submitted within this Assessment workbook is my true and orig
otherwise credited.”

“I also affirm that any documents submitted as electronic files or attachments to my a
are also a result of my true and original work unless otherwise credited.”

“I also declare that by inserting my name and date at the top of each page of this Asse
am affirming that all assessment submissions to the Investment Banking Institute are
work”.
                                    Student Declaration
                         FNSBKG401A Bookkeeping Policies and Procedures

                                                       Student Name
                                                                  `


affirm that all work submitted within this Assessment workbook is my true and original work unless
 erwise credited.”

also affirm that any documents submitted as electronic files or attachments to my assessment subm
 also a result of my true and original work unless otherwise credited.”

also declare that by inserting my name and date at the top of each page of this Assessment Workbo
 affirming that all assessment submissions to the Investment Banking Institute are a result of my o
rk”.

                                                    Student Signature
                                                                Date
aration
icies and Procedures




kbook is my true and original work unless


es or attachments to my assessment submissions
e credited.”

 of each page of this Assessment Workbook I
ent Banking Institute are a result of my own


               Please type your Name here in CAPITAL LETTERS
                                                                                    Assessments
                                                                           FNSBKG401A Bookkeepin

  Student Name
     Student ID
           Date


   MODULE                                  ASSESSMENT TASK



MODULE 1          Assessment Task 1. Introduction to Bookkeeping Users


                  Assessment Task 2. Introduction to Bookkeeping tasks


                  Assessment Task 3. Introduction to Bookkeeping Responsibilities


                  Assessment Task 4. Introduction to Bookkeeping Responsibilities


                  Assessment Task 5. Introduction to Bookkeeping Statutory Compliance


MODULE 2          Assessment Task 6. Introduction to Bookkeeping Owners Equity


                  Assessment Task 7. Introduction to Bookkeeping tasks


                  Assessment Task 8. Introduction to Bookkeeping tasks


                  Assessment Task 9. Introduction to Bookkeeping tasks


                  Assessment Task 10. Introduction to Bookkeeping tasks


                  Assessment Task 11. Introduction to Bookkeeping tasks


MODULE 3          Assessment Task 12. Introduction to Bookkeeping tasks


                  Assessment Task 13. Introduction to Bookkeeping tasks
           Assessment Task 14. Introduction to Bookkeeping tasks


           Assessment Task 15. Introduction to Bookkeeping tasks


           Assessment Task 16. Introduction to Bookkeeping tasks


MODULE 4   Assessment Task 17. Introduction to Bookkeeping tasks


           Assessment Task 18. Introduction to Bookkeeping tasks


           Assessment Task 19. Introduction to Bookkeeping tasks
     Assessments Submission
FNSBKG401A Bookkeeping Policies and Procedures




                                                        QUESTION

                                                                                        Learning Manual Version
          Financial information can be valuable to both internal and external users. Which of the following users
          are classified as internal?

          ___________ normally plan and set up the accounting and bookkeeping system for a business while the
          day to day record keeping is done by a _____________.

          Which of the following statements on Booking is correct?

          In general, the scope and responsibilities of a bookkeeper tend to vary depending on several factors,
          such as:

          A bookkeeper’s Statutory Compliance responsibilities include:

          ____________________ is the owner's rights to the property (assets) of the business. It is also called
          proprietorship and net worth.

          ________________ are what the business owes to others. They represent claims by creditors to the
          property (assets) of a business until they are paid.

          ____________ are what the business owns and uses to operate the business. Some examples are cash,
          accounts receivable, inventory, land, and equipment.

          ____________ is what a business earns by selling its products and services.

          ________________ are what a business spends to run its operations. Some examples are office
          supplies, salaries & wages, advertising, office rent, and utilities.

          Which of the following balance sheet items impacts business cash flows, either directly or indirectly?

          Every business transaction impacts upon at least two accounts. This is known as the _____________
          system of bookkeeping.

          Under double entry account, the total debit balances must be __________ the total credit balances
A debit entry will increase which of these accounts:


A debit entry will decrease which of these accounts:

A ______________ is a listing of all the accounts available to a company to record and sort its business
transactions

A business is not required to register for GST if turnover is less than $__________ per annum.


Which of the following are records a business must keep for a minimum of 5 years?


What are the benefits of accounting software?
           TASK
RESPONSE
            ID
   1.0

				
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