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i Assessment Resource SITXFIN003 71'} Part A: Your first step is to identify and allocate expenditure in detail to each area outlined within the budget.

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i Assessment Resource SITXFIN003 71'} Part A: Your first step is to identify and allocate expenditure in detail to each area outlined within the budget. This is to be undertaken using a spreadsheet that outlines Expenditure Type (appropriate to this style of business) Allocation per Expenditure Type Running totals per Expenditure Type Notes per Allocation Totals for whole budget Part B: Once completed. you are to arrange a time to present your budget allocations to your supervisor. Be sure to justify your allocations logically. as your supervisor may ask questions to identify the logic behind your allocations. Part C: Once you have obtained approval from your supervisor, you are to develop written correspondence to the person responsible for each expenditure outlining and providing authority to implement your expenditure allocations. This correspondence may be in the form of a memo or email and should promote awareness of the importance of budget control along with any guidelines for implementation (including accountability requirements). You are to present each correspondence to your assessor as evidence of this task

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