ASSIGNMENT TASK for Unit: Making a financial case
ASSIGNMENT TASK for Unit: Making a financial case
|Centre Number |Centre Name |
|Learner Registration No |Learner Name |
|TASK |
|The purpose of this unit is to develop understanding and ability to be able to make a financial case as required by a practising or |
|potential middle manager. |
| |
|note |
|An ILM Assessment Task provides an opportunity to relate your learning directly to your current organisation. It is recommended that you |
|discuss the assignment with your line manager to explore and agree how the task could be used to support the needs of your employer (as well|
|as evidencing your learning as part of completing your ILM qualification). |
| |
|If you are not currently working within an organisation, then you may complete this task in relation to an organisation with which you are |
|familiar. This could include experience working in a voluntary capacity |
| |
|The nominal word count for this assignment is 2500 words: The suggested range is between 2000 and 3000 words, however individuals have |
|different writing styles, and there is no penalty if the word-count range is exceeded. |
|Please use the headings shown below when writing up your assignment |Assessment Criteria |
|Understand financial concepts used to inform management decisions | |
| |Explain the differences between capital and revenue |
|Provide an account of the practices associated with capital and revenue expenditure, |expenditure, using examples (20 marks) |
|together with correct and appropriate examples, that explains the differences between|Explain how costs are classified, using examples (20 |
|the two. |marks) |
| |Explain how costs are allocated, using examples (20 |
|You are then required to provide reasons, with correct and appropriate examples, to |marks) |
|explain how costs are classified and allocated. | |
| | |
|Be able to make a financial case to inform a management decision |Use a range of financial evaluation techniques to |
| |inform a management decision (40 marks) |
|Use a range of appropriate financial evaluation techniques to inform a management | |
|decision. | |
|By submitting I confirm that this assessment is my own work |
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