This assignment, part of the Advanced Diploma in Facility and Property Management Finance and Business (SPE30003), presents a comprehensive examination of financial concepts within the context of facility management. Section A comprises multiple-choice questions covering core financial topics such as financial statements, retained earnings, the accounting equation, management versus financial accounting, depreciation, trial balances, and capital budgeting. Section B includes a problem-solving question related to the Green Building Fund and the decision to outsource or use in-house staff for an LED lighting project. The assignment also touches on procurement processes, depreciation calculations, and departmental profit analysis, illustrating the application of financial principles in real-world facility and property management scenarios. The assignment also includes the financial terminology, accounting equation and statement of financial position, facility management and management account, and transactions analysis, double entry system, trial balance preparation, accounting records, and accounting cycle, to provide a complete overview of the subject.
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