NZQA Expiring unit standard
985 version 6
Page 1 of 3
Title
Control expense in an automotive department
Level
6
Credits
6
Purpose
This unit standard is for intending managers or managers of
automotive departments. People credited with this unit
standard are able to: demonstrate knowledge of accounting
procedures in an automotive department; create a budget for
an automotive department; and maintain a financial control
system in an automotive department.
Classification
Motor Industry > Automotive Administration
Available grade
Achieved
Entry information
Critical health and
safety prerequisites
Unit 382, Carry out office procedures for automotive service
companies; and Unit 386, Determine stock levels of automotive
products; or demonstrate equivalent knowledge and skills.
Explanatory notes
1
The following publications, available from the Inland Revenue, Taxpayer Services,
PO Box 2198, Wellington, are recommended to be consulted when completing this
unit standard:
– Employer's Guide
– GST Guide
– Fringe Benefit Tax Guide.
2
Unit standard Range this unit standard includes a selection of one from the following
departments:
– service department
– sales department
– parts department.
NZ Motor Industry Training Organisation
(Incorporated)
SSB Code 101542
 New Zealand Qualifications Authority 2016
NZQA Expiring unit standard
985 version 6
Page 2 of 3
Outcomes and evidence requirements
Outcome 1
Demonstrate knowledge of accounting procedures in an automotive department.
Evidence requirements
1.1
Bookkeeping techniques are explained according to accountancy law practices.
Range
1.2
entries, amount of information, reviews, legal requirements.
An income statement and a balance sheet are interpreted.
Range
actual versus budget;
total net assets: current assets less current liabilities, fixed assets,
investments;
accumulated funds.
Outcome 2
Create a budget for an automotive department.
Evidence requirements
2.1
A departmental cost analysis is completed and confirmed with management.
2.2
A sales forecasting report shows the predicted department's requirements for a
specified period.
Range
2.3
monthly, yearly.
An income and expenditure account for a specified period is itemised.
Range
the financial condition at the beginning and at specified points in
the budget period, the estimated profits and the cash liquidity
position at those points.
Outcome 3
Maintain a financial control system in an automotive department.
Evidence requirements
3.1
Comparative statements are given on a monthly basis which show what has
happened with performance and costs against what should have happened
(actual versus budget).
3.2
Major cost variations are identified and justified.
NZ Motor Industry Training Organisation
(Incorporated)
SSB Code 101542
 New Zealand Qualifications Authority 2016
NZQA Expiring unit standard
3.3
985 version 6
Page 3 of 3
Areas of possible financial improvement are identified, and recommendations of
how this can be achieved are made to management.
This unit standard is expiring. Assessment against the standard must take place by
the last date for assessment set out below.
Status information and last date for assessment for superseded versions
Process
Version Date
Last Date for Assessment
Registration
1
9 November 1993
31 December 2016
Review
2
4 October 1996
31 December 2016
Review
3
26 February 1999
31 December 2016
Review
4
25 June 2007
31 December 2016
Rollover
5
19 November 2010
31 December 2016
Rollover
6
20 November 2015
31 December 2020
Consent and Moderation Requirements (CMR) reference
0014
This CMR can be accessed at http://www.nzqa.govt.nz/framework/search/index.do.
Please note
Providers must be granted consent to assess against standards (accredited) by NZQA, or
an inter-institutional body with delegated authority for quality assurance, before they can
report credits from assessment against unit standards or deliver courses of study leading
to that assessment.
Industry Training Organisations must be granted consent to assess against standards by
NZQA before they can register credits from assessment against unit standards.
Providers and Industry Training Organisations, which have been granted consent and
which are assessing against unit standards must engage with the moderation system that
applies to those standards.
Consent requirements and an outline of the moderation system that applies to this
standard are outlined in the Conesnt and Moderation Requirements (CMR). The CMR
also includes useful information about special requirements for organisations wishing to
develop education and training programmes, such as minimum qualifications for tutors and
assessors, and special resource requirements.
NZ Motor Industry Training Organisation
(Incorporated)
SSB Code 101542
 New Zealand Qualifications Authority 2016