preview

Acca Per Questions

Better Essays

answering challenge questions

answering challenge questions

[SECTION TITLE]

1

2

contents
Practical exPerience requirements (Per) challenge questions samPle answers 01 03 04 05 08 10 13 15 17 19 Demonstrate the application of professional ethics, values and judgement Raise awareness of non-financial risk Manage self Communicate effectively Improve departmental performance Prepare financial statements for external purposes Contribute to budget planning and production Evaluate potential business/investment opportunities and the required finance options Prepare for and collect evidence for audit Evaluate and compute taxes payable 6 7 8 10 12 13 14 15 16 17 4 5

answering challenge questions

CONTENTS

3

practical …show more content…

As a guide, someone who doesn’t know your work should be able to read your answer and fully understand and appreciate what work you have completed. Use these sample answers as a guide, and remember that you will also need to talk through your answers with your workplace mentor – which gives you another opportunity to demonstrate your achievement and gain sign off.

answering challenge questions

CHALLENGE QUESTIONS

5

demonstrate the application of professional ethics, values and judgement question 1 Describe an occasion on which you haD to Demonstrate ethical behaviour sample answer In my current position, I am in charge of the disbursement of petty cash claims up to a maximum of $200. The correct procedure is for the employee to complete the petty cash claim form before obtaining two levels of approvals from their immediate supervisor and the general manager. A higher-ranking colleague had coerced me to provide him with some petty cash after getting the approval from his immediate supervisor but before obtaining clearance from the general manager. From my colleague’s perspective, he felt that his claims would be approved by the general manager as he was just claiming for normal entertainment expenses. However, after some further consideration, I decided that I had to comply with the workflow and control

Get Access