1. How would you accurately prepare trial balance from the general ledger, in

accordance with organisation requirements?

2. How can you ensure that cash flow is accurately accounted for in accordance

with organisational requirements?

3. What are the requirements regarding making and receiving payments?

4. What are your designated timelines for collecting or following up on

outstanding accounts?

5. What elements of payment documentation should be checked for accuracy?

6. How do the following affect business operations:

Anti-discrimination legislation

Ethical principles

Codes of practice

Privacy laws

Financial legislation

Work health and safety (WHS).

7. What are the basic rules underpinning double-entry accounting?

8. Define the following terms:

a. Debit

b. Debtors

c. Credit

d. Creditors.