BSBFIM501A Alejandra Solis 3rd correction.docx - Assessment...

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.