By Open Business and Technician Educational Council (auth.)

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Additional resources for Managing the Office: Tutor Guide

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Supervision time Work turnaround time etc. 33 Element 6 Financial Systems within the Office This Element is the most 'technical' and encompasses areas of study with which some students may not be familiar. g. purchasing and stock control, costing systems etc. g. bank reconciliation, the control of petty cash, payments by cheque and credit transfer etc. After working through this Element, students will be able to: * explain the principles of office finance; * describe procedures for the recording and control of money owed to and owned by an organisation; * carry out administrative duties involved in budgeting and costing.

Tutor Review Exercise The Tutor Review Exercise is a straightforward review of material covered in the Workbook, in which students are asked to discuss various personnel administration issues arising from a case study. Some guidelines for answers to the case study: 1 For the job analysis consult: Ellen herself, the two part-timers since there is an informal element to Ellen's job, the Security Officer, telephone equipment handbook/operating instructions, telex operating instructions. Break the job analysis down into those aspects which are routine and those which are not and require key task analysis.

Bank reconciliation, the control of petty cash, payments by cheque and credit transfer etc. After working through this Element, students will be able to: * explain the principles of office finance; * describe procedures for the recording and control of money owed to and owned by an organisation; * carry out administrative duties involved in budgeting and costing. Only one of the 24 Activities in the Workbook makes direct reference to the student's own organisation. However, an ongoing acquaintance with real financial systems would be very helpful.

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