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What's it about? This unit of competency describes the skills and knowledge required to administer finance, insurance and legal requirements of a business. Who's it for? This unit applies to individuals who work as part of a business management team, who provide and communicate solutions to a range of predictable and sometimes unpredictable problems. All work must be carried out to comply with organisational requirements, work health and safety legislation and codes, sustainability practices and in consultation with the management team.