question 1.

This activity will need to be observed for assessment.

As a simulated workplace activity as directed by the assessor; you will be given information on the current income and expenditure for one work area/project (as relevant to your organisation or area of work). You should read this through, looking for where any changes may be required.

With the person acting as the finance manager, discuss whether this needs to be changed, identifying at least one change and your reason for this.

Write down the outcome of your meeting in your workbook, and the change(s) you have recommended with your reason(s) why.

Note to the assessor:

You must ensure the learner has an appropriate simulated work environment to perform this activity, with a person representing the finance manager. The income and expenditure information must be relevant to the learner's organisation or area of work; this only needs to be for a short period of time, e.g., three months, and should highlight the need for more than one change. The learner and the person acting as the finance manager must be given adequate time to read this information prior to the meeting. The learner should be observed to ensure they participate appropriately in the discussion and display relevant knowledge and understanding about the information they have been given. Assessment of the learner's notes in their workbook must also be made to confirm they have correctly identified one change.

question 2. This activity will need to be observed for assessment.

Following on from Activity 1B; as a simulated workplace activity, consult with the work area/project manager to discuss your identified change(s) regarding the income and expenditure they have. You should inform them of the reason for the change(s) that you have found.

Note to the assessor:

You must ensure the learner has an appropriate simulated work environment to perform this activity, with a person representing the work area/project manager. The learner should be observed to ensure they communicate professionally with the other person and to make sure they provide clear information and reasoning for their change(s). This activity does not require a two-way exchange, although the person acting as the manager can ask questions or provide comments that are applicable to the discussions.