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Qus1) Design and carry out a one-page survey to collect information on the effectiveness of financial management processes. Create the survey questions using a Likert
Qus1) Design and carry out a one-page survey to collect information on the effectiveness of financial management processes.
Create the survey questions using a Likert Scale (strongly agree, agree etc...) covering the following elements.
Element | Description |
Ease of use | information on earnings, costs and variances clear and meaningful |
Accounting systems | Employees knowing how to use financial packages |
Training | Employees given enough training on systems, processes and information |
Accuracy | The financial processes cover all costs, earnings and relevant rations, variances |
KPIs | These need to be relevant to what is being measured e.g. SMART |
Communication | Is communication clear and two-way? |
Procedures | Are there clear and effective procedures to follow? |
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