Efficiency and regulation in the workplace is an important part of the work effectively in accounting and finance.
Before reading this page you should have read:
The examiner will expect to know the way in which the accounting and finance function of an organisation should be run so that it operates smoothly and efficiently.
To test your understanding try the quiz below.
Efficiency and regulation in the workplace – quiz
Achieving the correct result with the minimum of time and effort is called ____________
The ability of an organization to pay its debts on time means that it is ____________
The day to day funds which a business has to buy invrntory and pay it s debts is called _________ capital
Rules and guidelines laid down by a business for the running of a specific area eg accounts are called _______ __ __________
The working environment of an employee and employer are governed by _________ __ ____ regulations
HMRC stands for:
VAT stands for:
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