NZQA registered unit standard
28299 version 1
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Title
Prepare cash for banking in a retail environment
Level
3
Purpose
Credits
5
This entry-level unit standard is for people who are working in a
retail environment involved in cash handling.
People credited with this unit standard are able to prepare cash
for banking in a retail environment.
Classification
Retail, Distribution, and Sales> Retail and Distribution Core
Skills
Available grade
Achieved
Explanatory notes
1
Definitions
Organisational procedures – instructions to staff on policies and procedures which
are formally documented, or generally accepted within the workplace.
Retail environment – workplaces where the primary focus is on customers
purchasing goods and/or services.
Takings – cash (coins, banknotes), cheques, company sales vouchers, credit card
vouchers, debit card vouchers, gift vouchers, foreign currency, travellers’ cheques,
EFTPOS payment received through sales transactions.
2
Candidates undertaking assessment against this unit standard are expected to
comply with the – Consumer Guarantees Act 1993, Fair Trading Act 1986, Privacy
Act 1993, Sale of Goods Act 1908.
3
Evidence for the practical components of this unit standard needs to be
demonstrated in the workplace.
Outcomes and evidence requirements
Outcome 1
Prepare cash for banking in a retail environment.
Evidence requirements
1.1
Sales transactions and takings are reconciled in accordance with organisational
procedures.
ServiceIQ
SSB Code 9068
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
reconciliation may include but is not limited to – records of sales
transactions, calculation of total sales and total takings, checking
totals, identifying variances, completing documentation;
evidence is required of two examples.
Range
1.2
28299 version 1
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Variations from standard prices are processed in accordance with
organisational procedures.
may include but is not limited to – promotions, speciality functions,
voids, price over-rides
Range
1.3
Takings are prepared for banking in accordance with organisational procedures.
1.4
Petty cash is maintained in accordance with organisational procedures.
1.5
Documentation is completed in accordance with organisational procedures.
Replacement information
This unit standard replaced unit standard 11956.
Planned review date
31 December 2019
Status information and last date for assessment for superseded versions
Process
Version Date
Last Date for Assessment
Registration
1
21 May 2015
N/A
Consent and Moderation Requirements (CMR) reference
0225
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.
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.
ServiceIQ
SSB Code 9068
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
28299 version 1
Page 3 of 3
Comments on this unit standard
Please contact ServiceIQ qualifications@serviceiq.org.nz if you wish to suggest changes
to the content of this unit standard.
ServiceIQ
SSB Code 9068
 New Zealand Qualifications Authority 2016