Suggest three ways of building the confidence and the competence of your work team, with the aim of maximising their contribution to meeting their Budget/Financial KPI targets. 2. Using one example from your workplace for each, describe three sources of information you can use to develop your section/work team's budgets? 3. Describe three ways that you feed back financial information to your manager or to the section's financial managers. 4. In 2–3 paragraphs, comment on the effectiveness of the variance analysis carried out in your unit/work team. If there is no variance analysis done, describe the key budget points that you have noted as a manager when reviewing section/team budgets. 5. Describe three strategies that you might use to include your work team in the development of your section's/team's budget. 6. Describe what processes and record keeping requirements you contribute to/have responsibility for which are integral to taxation (including GST) and auditing obligations. 7. Describe the processes in place within your work team for monitoring actual expenditure and controlling costs. How do these processes relate to the organisational policies and procedures for monitoring and controlling costs?