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Course overview
Learners will be well positioned to extend their learning and practice into other areas of costing and basic financial statements or, to strive towards professional standards and practices at higher levels.
Competent learners will know if the business is making a profit or a loss, and how to generate basic but effective managerial information from it.
Requirements
- Be able to read and write
- Grade 12
- Be willing to learn
Curriculum for this course
11 Lessons
00:00:00 Hours
1.GROSS MARGIN STATEMENT AND DIRECT AND INDIRECT COSTS, AS WELL AS FIXED AND VARIABLE COSTS.
2 Lessons
00:00:00 Hours
-
In this session we explore the following concepts:
.
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Production costs
.
2. DEFINE AND UNDERSTAND THE INCOME STATEMENT.
1 Lessons
00:00:00 Hours
-
Elements of an income statement
.
3. DEFINE AND UNDERSTAND THE BALANCE SHEET.
3 Lessons
00:00:00 Hours
-
Introduction
.
-
Elements of balance sheet
.
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DEFINITIONS
.
4. DEFINE AND UNDERSTAND THE STRUCTURE OF A CASH-FLOW BUDGET AND STATEMENT.
3 Lessons
00:00:00 Hours
-
Introduction to cash flow budget
.
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The need for the twelve month cash flow budget
.
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A CRITICAL PATHWAY OF ACTIVITIES FOR COTTON PRODUCTION
.
5. DEMONSTRATE AN UNDERSTANDING OF THE LEGAL RESPONSIBILITIES OF AN AGRI-BUSINESS OWNER.
2 Lessons
00:00:00 Hours
-
Legal responsibilities of an agri-business owner.
.
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Skills development Act of 1998
.
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