Page 9 - PERFORM FINANCIAL CALCULATIONS ASSESSMENT TASK ASSESSOR INSTRUCTIONS AND SOLUTIONS

Perform Financial Calculations Assessor Instructions and Solutions

C or C (Clear entry key)

Continue for the subsequent 4 lines pressing M+ at the end of each row.

When final entry 1724 is displayed on screen press M+ for the final time.

Press C or C (clear entry key) to clear entry from display.

To recall information from memory,

Press [ MR ] (memory recall key)

Record this in Total Column.

Continue this process for the Paints, Plaster, Cornice and Adhesive columns.

Press [ MR ] (memory recall key) and check that the total figure for the columns is the same
as the total for the products rows figures total.

Note to assessor: Variance may occur in this answer as there are differences in calculator
operations. It is recommended that you observe the candidate follow this sequence if you are
not sure it is correct.)

Now complete the table below, cross balancing the sales and months for each of the
following.

MONTHS PAINTS PLASTER CORNICE ADHESIVE TOTAL

321
October 441 SOLUTIONS 154 730 1646
November 165 227 612 480 1484
December 1374 777 87 280 2518
January 384 1264 169 1429 3246
February 105 217 169 1233 1724

TOTAL 2469 2806 1191 4152 10618

Question 14: Explain below the operations required for using the constant function to
calculate the following constant multiplier for the payroll below. Write the sequence of key
strokes you will use.

Press 19.76

Input twice X,

Press 30.

Find result

Record answer on sheet (592.80)

Press [ C ] or [ C ] (clear entry key)

Press 33

Record answer on sheet (652.08)

Anne Bowden ©2020
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