Unit 15!!!! Please help

Yestin
Yestin Registered Posts: 83 Regular contributor ⭐
Hello Everyone,

I have done my unit 15 twice now...the second time getting over 80% but I have been told I have to do additional tasks!!!

Can someone please tell me the correct way to answer the question relating to "how are cash balances managed in the public sector" I have had this question twice and got it wrong both times!!!

Any help would be much appreciated. :crying:

Thanks,
Yestin

Comments

  • sdv
    sdv Registered Posts: 585 Epic contributor 🐘
    Search Sandy Hoods postings

    There is a good answer to your question. - It was posted Last Year I believe
  • jewels.p
    jewels.p Registered Posts: 1,774 Beyond epic contributor 🧙‍♂️
    sdv wrote: »
    Search Sandy Hoods postings

    There is a good answer to your question. - It was posted Last Year I believe

    If anyone finds this can you let me know as I have looked but must have missed it somewhere!:001_unsure:
  • mikes
    mikes Registered Posts: 254 Dedicated contributor 🦉
    the first link is the one from Sandy and there are a couple of others as well, which i have come across.

    http://forums.aat.org.uk/showthread.php?t=15974&highlight=cash+balances+public+sector

    http://forums.aat.org.uk/showthread.php?t=21245&highlight=cash+balances+public+sector

    http://forums.aat.org.uk/showthread.php?t=15974&highlight=cash+balances+public+sector

    this also gets a brief mention in the Osbourne book pages 142-143.
  • whos that girl
    whos that girl Registered Posts: 28 Regular contributor ⭐
    This is what i put and i passed on this. This information is a paragraph i found regarding Public and Private Sector.


    Private Sector.
    Companies Act regarding directors Duty Of Care regarding the safeguarding of assets and acting in a reasonable and not reckless manner.

    Public Sector.
    Statutory and other regulations govern the management of cash balances.



    Learn these of by heart. i just wrote them otver and over to remember them. It done the trick for me and my college mates.

    Good luck !
  • SandyHood
    SandyHood Registered, Moderator Posts: 2,034 mod
    ..........the second time getting over 80% but I have been told I have to do additional tasks!!!

    Don't be surpised.
    If you'd got fewer tasks than 80% correct you'd have failed. You have to have 80%+ right to be allowed to do exta tasks.
    This is a vital subject in the credit crunch and people who do it must be competent.
    Sandy
    sandy@sandyhood.com
    www.sandyhood.com
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