Purpose:
This assignment is designed to assess your level of knowledge of the key topics covered in this unit
Unit Learning Outcomes Assessed:
1. Obtain and contextualise business information for business accounting to explain and apply different concepts of costs to business decisions;
2. Apply, analyse, synthesise and evaluate information from multiple sources to make decisions about the financial performance of entities including assets, liabilities, owner’s equity, revenue and expenses;
3. Prepare, analyse, and interpret transaction data and financial statements for data- driven decision- making;
4. Evaluate the complex concepts of accounting such as roles and purposes of accounting and preparation of worksheets; and Accounting and Finance Assignment Help
5. Communicate accounting information in writing professionally.
Description:
Each week students were provided with three tutorial questions of varying degrees of difficulty. These tutorial questions are available in the Tutorial Folder for each week on Blackboard. The Interactive Tutorials are designed to assist students with the process, skills and knowledge to answer the provided tutorial questions. Your task is to answer a selection of tutorial questions from weeks 1 to 5 inclusive and submit these answers in a single document.
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The questions to be answered are;
Week 1 Question
Select an Australian business of your choice. Identify any five (5) stakeholders and explain their information requirements for making informed decisions.
Week 2 Question
What is the difference between the Conceptual Framework’s fundamental qualitative characteristics of relevance and faithful representation? Can you think of any trade-offs between relevance and faithful representation? Accounting and Finance Assignment Help