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Check that transactions comply with organisational procedures.

01 / 10 / 2021 Essays & Coursework

This paper circulates around the core theme of Check that transactions comply with organisational procedures. together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.

Unit Sector

Hospitality

Elements and Performance Criteria

ELEMENTS  

PERFORMANCE CRITERIA 

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Review financial transactions.

1.1.Check that transactions comply with organisational procedures.

1.2.Check that balances prepared by others are accurate and comply with organisational procedures.

1.3.Identify financial and system discrepancies and resolve according to level of responsibility.

1.4.Implement financial systems and financial control systems according to organisational procedures.

1.5.Monitor systems and provide feedback to appropriate management.

2. Complete routine records and reports.

2.1.Complete routine records and reports accurately within designated timelines.

2.2.Process end or close of day trading and reports.

2.3.Forward reports to appropriate colleagues or department.

2.4.Reduce waste by minimising use of printed materials.



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