Sabe 4UFM Level 4 Finance for Managers Open Book Exam question and answer booklet Centre name Learner's name your college name May 2024 ABE membership number First Name Last Name your ABE membership number - i.e. 123456 Learner Statement All work that learners submit as part of the ABE assessment requirements must be expressed in their own words and incorporate their own judgements. Direct quotations from the published or unpublished work of others, including that of tutors or employers, must be appropriately referenced. Authors of images used in reports and audio-visual presentations must be acknowledged. By ticking this box, I Insert your full name am confirming that the work I am submitting is my own and I have acknowledged ALL the sources of reference I have used in constructing my assignment. Date: Day Month Year For ABE use only ABE mark ABE 2nd mark (if applicable) Important Information Before taking an ABE timed open book exam, learners will need to read the ABE Timed OBE Guide. This guidance document provides important information on how to prepare for, take and submit an ABE timed open-book exam. Instructions • • • • Make sure you read and understand each question before answering. When answering questions, address all question requirements in order to optimise marks. Pay attention to question command words. You may use resources such as books, dictionaries, notes or any other written materials whilst sitting the exam. All used resources must be referenced. • Begin each question response in the allocated section below each question. ABE reserve the right to investigate and penalise plagiarism and collusion as appropriate. Please consult the ABE Timed OBE Guide for full information on referencing best practice. Only reference what you have cited in your answers and aim for a maximum of 2 pages of references. Appendices should not be included and will not be marked. 4UFM0524 © ABE 2024 General Overview The word count for this examination is 3,000 words (-/+ 10% tolerance, i.e., your submission must not be less than 2,700 words and must not exceed 3,300 words.) There will be word count requirements indicated next to each question. Markers are instructed to stop marking when the maximum word count is reached. NOTE-References are excluded from the overall word count. Context - Organisational Summary You must choose an organisation on which to base your answer, your answers must all be set in the context of this specific organisation. Choose an organisation with which you are familiar. It must be a real organisation and the type of organisation you choose must be relevant to the questions. All you answers must be based on this organisation unless the question instructs you differently. You must provide a summary of background information on your chosen organisation (200 words). This must include: Name of the organisation " Size of the organisation " Main markets where it operates (geographical locations) " " Examples of products and services Key competitors Main customer segments In addition to the above, you can include any other information which might be useful for the marker to understand the context of your answers. Your organisation summary is not included in the overall word count. Syllabus Content Before you answer the questions, it is strongly recommended that you familiarise yourself with the study content relating to the unit. This content can be found in the Qualification Specification. Understanding this will help you construct your answers and will ensure the content is relevant to the question set. Note - The organisation summary must be completed and must accompany the submission otherwise the assessment will not be marked. 4UFM0524 © ABE 2024 Organisation Summary (200 words) Note: Your chosen organisation must be a commercial business. TIMED OPEN BOOK EXAM QUESTIONS START ON THE NEXT PAGE 4UFM0524 © ABE 2024 Question 1 25 Marks Explain the purpose of financial and management accounting within your chosen organisation. Your answer must provide an outline of the needs of different business stakeholders in relation to this information. (750 words) Write your answer here 4UFM0524 © ABE 2024