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    Accounting Level 2 Assignment 2

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    eferem
    This document outlines an individual assignment for trainees in the Business department at Gage College covering basic account work. The assignment is worth 30% and includes 4 projects testing competencies in processing customer transactions, understanding the Ethiopian financial system, understanding debt and consumer credit, and working in a team environment. Project I involves writing performance standards and demonstrating transaction processing. Project II requires describing Ethiopia's financial markets and intermediaries. Project III involves calculating loan repayment amounts and costs over time for a construction company. Project IV addresses team roles and continuous improvement processes.

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    Accounting Level 2 Assignment 2

    Uploaded by

    eferem
    2K views2 pages
    This document outlines an individual assignment for trainees in the Business department at Gage College covering basic account work. The assignment is worth 30% and includes 4 projects testing competencies in processing customer transactions, understanding the Ethiopian financial system, understanding debt and consumer credit, and working in a team environment. Project I involves writing performance standards and demonstrating transaction processing. Project II requires describing Ethiopia's financial markets and intermediaries. Project III involves calculating loan repayment amounts and costs over time for a construction company. Project IV addresses team roles and continuous improvement processes.

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    This document outlines an individual assignment for trainees in the Business department at Gage College covering basic account work. The assignment is worth 30% and includes 4 projects testing competencies in processing customer transactions, understanding the Ethiopian financial system, understanding debt and consumer credit, and working in a team environment. Project I involves writing performance standards and demonstrating transaction processing. Project II requires describing Ethiopia's financial markets and intermediaries. Project III involves calculating loan repayment amounts and costs over time for a construction company. Project IV addresses team roles and continuous improvement processes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    2K views2 pages

    Accounting Level 2 Assignment 2

    Uploaded by

    eferem
    This document outlines an individual assignment for trainees in the Business department at Gage College covering basic account work. The assignment is worth 30% and includes 4 projects testing competencies in processing customer transactions, understanding the Ethiopian financial system, understanding debt and consumer credit, and working in a team environment. Project I involves writing performance standards and demonstrating transaction processing. Project II requires describing Ethiopia's financial markets and intermediaries. Project III involves calculating loan repayment amounts and costs over time for a construction company. Project IV addresses team roles and continuous improvement processes.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    GAGE COLLEGE TVET-programs, Department of Business

    EOS, Basic Account Work (BCW) Level II

    Total worth 30%

    Name:_____________________________________IDNo.________Section:____

    Campus: __________ Learning Center: _________________

    Individual Assignment II

    Instruction I: Dear Trainees in doing your Assignment successful you have to:

    1. Visit the uploaded modules on the College website

    (www.elearningportal.gagecollege.net)

    UserID:TVET Password: gage123

    2. Devote time specifically to read the modules


    3. Build individual accountability and do your assignment thoroughly
    4. You are expected to submit the assignment in Hard copy in two weeks interval
    after the date you received to the Dean office
    Section to be filled by the Trainer

    W e igh t i n S c or e d R e s u l t
    %
    PROJECTI 8%

    PROJECTII 4%

    P R O J E C T I II 12 %

    PROJECTIV 6%

    Total 30%
     THE PROJECT COVERS THE FOLLOWING UNIT COMPETENCY.

    1. Process Customer Transactions


    2. Develop Understanding of the Ethiopian Financial System and Markets
    3. Develop Understanding of Debt and Consumer Credit
    4. Work in Team Environment
    5. Apply Continuous Improvement Processes (Kaizen)

    Project I: - Process Customer Transactions(8 Pts)


    Task1. Write the three performance to provided services to customer.
    Task2. Demonstrate how you process basic financial transaction
    Task3. Identify services provided by your bank/commercial bank to customers at list five.
    Project II: - Develop Understanding of the Ethiopian Financial System and Markets(4pts)
    Task1. What are the financial markets in Ethiopian?
    Task2. Write the purposes of financial market in Ethiopian?
    Task3. Identify the intermediaries of financial market system in Ethiopian?
    Task4. What are the role of national bank of Ethiopia?
    Project III: - Develop Understanding of Debt and Consumer Credit(12 pts)
     Assume the Abebe industrial engineering engaged in Building Hospital for
    theCOVID19 the company imports different kinds of construction materials. In the
    year 2012, thecompany imports different kinds of construction materials. In the year
    2012, the company imported machine at a cost of birr 2,500,000 of which 60%
    machinery covered by credit facility from dashen bank. The loan will be repaid
    within 5 years at equal installment monthly at a cost of 12% interest rate. The total
    service charge and cost related to credit facility is 2000for the first year and 2500 for
    the second year of loan period. Assume the bank policy is simple interest rate on
    outstanding loans and advances.
    Task3.1. calculate the principal repayment and cost of loans for the first-year loan
    period?
    Task3.2. calculate the principal repayment and cost of loan for the second-year loan
    period?
    Task3.3. what is the outstanding balance of loan at the end of 3-year loan period?
    Task3.4. What is the advantage of credit facilities and Identify investment related
    opportunities?
    Task3.5. what is difference between risks return and risk profile.

    Project IV: - Work in Team Environment and Apply Continuous Improvement Processes(6 pts)

    Task1. What are your roles and responsibilities within a team?


    Task2. Write the four performance to provided support to team members?
    Task3. Demonstrate how to contribute to work group activity?
    Task4. Write at least five things the necessity of KAIZEN or continuous improvement?

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