Topic 6 - Bookkeeping and Risk Management

Bookkeeping is regarding?

• how to arrange the book in center

• how to manage the center's account and financial

• book allocation in the center

• the quality of the ceter

What methods that the center can choose to handle the bookkeeping?

• Do it your self

• parents collaborations

• community arrangements

business owner need to create _________ accounts

• same bank

• separate bank

• combine bank

Expense tracking allows you to _________

• keep track of all expenses

• open new center

• measure quality environment

• support children's learning

What is Risk Management?

• Risk management is the process of teacher qualification and assessing them

• Risk management is the process of identify the guideline of the lessons

• Risk management is the process of identifying, assessing, and planning for possible risks associated with activities and events.

What are the principles of risk management in childcare?

• Measuring the risk affects to the children in the center

• Assess the risks associated with the hazards.

• Counting the possible bookkeeping in the center

" Risk assessments initially identify all of the potential hazards within a childcare facility" is referring to?

• the important of hazards

• the important of bookkeeping

• the important of keep tracking

• the important of risk assessments

Record each step of your risk assessment. By doing this, you will be able to demonstrate to all relevant authorities that you have conducted the necessary steps. this statement is regarding______

• How to conduct a risk assessment

• How to conduct a risk identification

• How to conduct a risk problem solving

• How to conduct a risk assistance

Teachers or parent should aware of the risks, how to manage those risks and at the appropriate ratio of adults to children.

• False

• True

The risk management process involves:

• i) Identify hazards in the workplace

• ii) Assess the risks associated with the hazards

iii) Control the risks

• True

• False