Assessment Materials BSBFIM501A Manage Budgets and Financial Plans To achieve competency in this unit you must complete the following assessment items. All tasks must be submitted together. Tick the boxes to show that each task is attached. Assessment 1. Theory Exam ☒ Assessment 2. Prepare financial documents including financial report ☒ NOTE: If this is a group assignment, each member of your group must individually submit a separate and complete copy. Student ID Student Name 22032 Alejandra Solis Rodriguez The other members of my group are: 1. Name: Click here to enter text. Student ID#: Click here to enter text. 2. Name: Click here to enter text. Student ID#: Click here to enter text. 3. Name: Click here to enter text. Student ID#: Click here to enter text. PLEASE NOTE: SECTIONS HIGHLIGHTED IN THIS COLOUR ARE FOR TRAINER USE ILSC Business College BSKFIM501A Assessment V4: October 2015Page 1 of 15
ASSESSMENT 1 MARKING SHEET Did the candidate: Satisfactory Yes No 1.Task 1: Successfully answer all the theory based questions regarding managing budgets and financial plans? Including: 1.1, 1.2 1.4, 2.2, 2.3, 3.1, 3.4, 4.1, RS, RK ☒ ☐ ASSESSMENT 2 MARKING SHEET Did the candidate: Satisfactory Yes No 1.Task 2: Part 1. Successfully compile the suit if excel spreadsheets 1-4? Including: 1.1, 1.3, 1.4, 3.1, 3.2, 3.3, 4.1, 4.2, 4.3, ☒ ☐ 1. Task 2: Part 2. Successfully deliver a financial report by analyzing, monitoring and reporting on financial outcomes? Including: 1.1, 1.2, 1.3, 1.4, 2.1, 2.3, 3.1, 3.2, 3.3, 3.4, 4.1, 4.2, 4.3 ☐ ☒ ASSESSMENT - SUMMARY Assessor’s checklist – tick when finalized Task 1 ☒ Task 2 ☒ ASSESSOR’S GENERAL COMMENTS (see individual tasks & marking guides for more detail) 07 08 16. Overall all great work. Task 1 Well done. Task 2 Activity 1 minor error in Drinks rev calculations, Activity 4 profit for Q2 is less than Q1 Actual? Why Please review your strategies. Report- good work but you are missing 1) Contingency plan, 2) more in depth analysis for Revenue and expense items see my specific notes. Please provide your resubmission in this document in ‘GREEN FONT’. No resubmission fee will be required. 29 08 16 NYC- Good resubmission, Excellent work for Task 2 Part 1, just in your report you still need to 1) Provide more in depth analysis for Revene and expenses you need to explain why the differences could have been caused. Please provide your answers in this document in a different colour. No resubmission fee will be required. Assessor Name Jelena Stavric ILSC Business College BSKFIM501A Assessment V4: October 2015Page 2 of 15
ILSC Business College BSKFIM501A Assessment V4: October 2015Page 3 of 15 RESULT COMPETENT ☐ NOT YET COMPETENT ☒
Assessment 1 Theory exam Assessment Instructions First of all, imagine that you are the Finance Manager at ABAB Marketing Company. Your employer has asked you to prepare the Budgets and Financial plans for 2015.
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