NZQA registered unit standard
1986 version 7
Page 1 of 3
Title
Apply calculations, data analysis, and statistical interpretation in a
business context
Level
4
Purpose
Credits
5
This unit standard is for people who need to produce financial
and statistical information for workplace operations.
People credited with this unit standard are able to: complete
calculations for a business operation; compile, measure, and
analyse business data; and present and interpret business
statistics for the analysed data.
Classification
Business Administration > Business Information Management
Available grade
Achieved
Entry information
Recommended skills
and knowledge
Unit 2785, Create a computer spreadsheet to provide a
solution for organisation use.
Explanatory notes
1
Definition
A business operation may form part of an organisation’s activities or it may constitute
a complete organisation.
2
Assessment for this standard can be based on naturally occurring evidence in a
workplace or on calculations, data analysis, and statistical interpretation of given data
that reflects real New Zealand business contexts.
3
Information on regulatory requirements for some business activities are available
from:
Inland Revenue (IRD), http://www.ird.govt.nz;
Accident Compensation Corporation (ACC), http://www.acc.co.nz.
Outcomes and evidence requirements
Outcome 1
Complete calculations for a business operation.
NZQA Business and Management
SSB Code 130301
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
1986 version 7
Page 2 of 3
Evidence requirements
1.1
Calculations are completed for business activities.
Range
1.2
Calculations are completed for costing goods and services.
Range
1.3
business activities may include but are not limited to – purchases,
sales, fees, GST, break-even points, margins, gross profit, net
profit, operating surplus, ACC, income tax;
evidence of at least six is required.
evidence of at least two costing methods for each of goods and
services is required.
Information is selected and calculation techniques are applied correctly and
accurately in accordance with standard business practice and regulatory
requirements.
Outcome 2
Compile, measure and analyse business data.
Evidence requirements
2.1
Sources of data and methods of collection are identified in accordance with
standard business practice and regulatory requirements.
2.2
Measurement and analysis tools are selected and applied to business data.
Range
may include but is not limited to – financial functions; statistical
functions; logical functions; audited formulae; graphs;
percentages; ratios; variance; correlation; time series; probability;
index numbers; sampling;
evidence of at least six is required.
Outcome 3
Present and interpret business statistics for the analysed data.
Evidence requirements
3.1
Business statistics are accurately presented in a form appropriate to the
information.
Range
3.2
may include but is not limited to – tables; graphs; bar charts, pie
charts; pictograms; histograms; statistical maps; spreadsheet;
evidence of at least four is required.
Information, relationships, results, and trends produced by compilation and
analysis are interpreted in accordance with standard business practice and
organisation requirements.
NZQA Business and Management
SSB Code 130301
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
Planned review date
1986 version 7
Page 3 of 3
31 December 2019
Status information and last date for assessment for superseded versions
Process
Version Date
Last Date for Assessment
Registration
1
28 September 1994
31 December 2011
Revision
2
11 May 1999
31 December 2011
Review
3
1 May 2001
31 December 2011
Revision
4
18 June 2003
31 December 2011
Review
5
18 December 2006
31 December 2012
Review
6
17 December 2010
31 December 2017
Rollover
7
16 April 2015
N/A
Consent and Moderation Requirements (CMR) reference
0113
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,
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.
Requirements for consent to assess and an outline of the moderation system that applies
to this standard are outlined in the Consent 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.
Comments on this unit standard
Please contact NZQA National Qualifications Services nqs@nzqa.govt.nz if you wish to
suggest changes to the content of this unit standard.
NZQA Business and Management
SSB Code 130301
 New Zealand Qualifications Authority 2016