Description
Learner Guide with Unit Content, Assessment Tasks, Competency Records, Benchmark Answers and Assessment Mapping for SITXFIN003 Manage finances within a budget.
This unit describes the performance outcomes, skills and knowledge required to take responsibility for budget management where others may have developed the budget. It requires the ability to interpret budgetary requirements, allocate resources, monitor actual income and expenditure, and report on budgetary deviations.
The skills and knowledge for budget development are covered in SITXFIN004 Prepare and monitor budgets.
This unit applies to all tourism, travel, hospitality and event sectors. The budget may be for an entire organisation, for a department or for a particular project or activity.
It applies to those who operate independently or with limited guidance from others. This includes supervisors and departmental managers.
FORMAT: Customisable MS Word
Qualifications that include this unit
- SIT40316 – Certificate IV in Holiday Parks and Resorts
- SIT50416 – Diploma of Hospitality Management
- SIT50116 – Diploma of Travel and Tourism Management
- SIT60316 – Advanced Diploma of Hospitality Management
- SIT60116 – Advanced Diploma of Travel and Tourism Management
- SIT50316 – Diploma of Event Management
- SIT30716 – Certificate III in Hospitality (Restaurant Front of House)
- TLI40319 – Certificate IV in Logistics
- SIT40416 – Certificate IV in Hospitality
- SIT40516 – Certificate IV in Commercial Cookery
- SIT40716 – Certificate IV in Patisserie
- TLI42016 – Certificate IV in Logistics
- SIT40816 – Certificate IV in Asian Cookery
- SIT40616 – Certificate IV in Catering Operations
- SIT50216 – Diploma of Holiday Park and Resort Management
- SIT40116 – Certificate IV in Travel and Tourism
Skill sets that include this unit
- SITSS00034 – Business Management
- SITSS00054 – Kitchen Management
- SITSS00043 – Understanding Financial Concepts for Budgeting
- SITSS00056 – Sommelier
Accredited courses that have this unit in the completion mapping
- 10569NAT – Diploma of Venue Management
- 10807NAT – Diploma of Venue Management
