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accounting program of study 5731 - Internal System Error

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BEHAVIOURAL OBJECTIVESPECIFICATIONS OF THE EXPECTEDBEHAVIOURA. Do calculations and prepare sourcedocuments related to purchases andsales.B. Calculate discounts and prepare sourcedocuments.C. Calculate international payments andprepare source documents.SPECIFIC PERFORMANCE CRITERIA- Consistency <strong>of</strong> information betweensource documents- Writing <strong>of</strong> information in appropriateplaces- Correct calculations- Accurate determination <strong>of</strong> type <strong>of</strong> discount(cash or volume) and the cash rebateS Correct calculationsS Writing <strong>of</strong> information in appropriateplacesS Numbers written without spelling errors- Accurate conversion <strong>of</strong> amounts int<strong>of</strong>oreign currenciesS Accurate determination <strong>of</strong> type <strong>of</strong>documents to be used (money orders,drafts or bills <strong>of</strong> exchange)D. Calculate simple interest. S Accurate determination <strong>of</strong> the term used tocalculate interestS Correct application <strong>of</strong> formulaE. Calculate compound interest andprepare loan amortization tables.S Accurate determination <strong>of</strong> the number <strong>of</strong>payments and the applicable interest rateS Appropriate choice <strong>of</strong> interest tableS Correct calculationsS Observance <strong>of</strong> instructions regarding thepreparation <strong>of</strong> the tablesFIELD OF APPLICATIONThe following source documents: requisitions, purchase orders, invoices, receiving slips,statements <strong>of</strong> account, tenders, shipping slips, credit notes, waybills, cheques, money orders,drafts, letters <strong>of</strong> exchangeModule 4 40 Accounting

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