SITXFIN004 Learner Workbook V1.0.docx - SITXFIN004 Prepare...

SITXFIN004
Prepare and monitor budgets
Learner Workbook

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Table of Contents
Table of Contents .............................................................................................................................. 1
Instructions to Learner ..................................................................................................................... 3
Assessment instructions ................................................................................................................ 3
Assessment requirements ............................................................................................................. 6
Candidate Details ............................................................................................................................. 7
Assessment – SITXFIN004: Prepare and monitor budgets ............................................................. 7
Observation/Demonstration ............................................................................................................ 8
Third Party Guide .............................................................................................................................. 9
Third party details (required information from the learner) .......................................................... 9
Activities ......................................................................................................................................... 10
Activity 1A .................................................................................................................................... 10
Activity 1A checklist – for assessor .............................................................................................. 11
Activity 1B .................................................................................................................................... 12
Activity 1B checklist – for assessor ............................................................................................... 13
Activity 1C .................................................................................................................................... 14
Activity 1C checklist – for assessor ............................................................................................... 15
Activity 1D ................................................................................................................................... 16
Activity 1D checklist – for assessor .............................................................................................. 17
Activity 2A .................................................................................................................................... 18
Activity 2A checklist – for assessor .............................................................................................. 19
Activity 2B .................................................................................................................................... 20
Activity 2B checklist – for assessor ............................................................................................... 21
Activity 2C .................................................................................................................................... 22
Activity 2C checklist – for assessor ............................................................................................... 23
Activity 2D ................................................................................................................................... 24
Activity 2D checklist – for assessor .............................................................................................. 25
Activity 2E .................................................................................................................................... 26
Activity 2E checklist – for assessor ............................................................................................... 27
Activity 3A .................................................................................................................................... 28

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Activity 3A checklist – for assessor .............................................................................................. 29
Activity 3B .................................................................................................................................... 30
Activity 3B checklist – for assessor ............................................................................................... 31
Activity 3C .................................................................................................................................... 32
Activity 3C checklist – for assessor ............................................................................................... 33
Activity 3D ................................................................................................................................... 34
Activity 3D checklist – for assessor .............................................................................................. 35
Activity 4A .................................................................................................................................... 36
Activity 4A checklist – for assessor .............................................................................................. 37
Activity 4B .................................................................................................................................... 38
Activity 4B checklist – for assessor ............................................................................................... 39
Activity 4C .................................................................................................................................... 40
Activity 4C checklist – for assessor ............................................................................................... 41
Activity 4D ................................................................................................................................... 42
Activity 4D checklist – for assessor .............................................................................................. 43
Activity 4E .................................................................................................................................... 44
Activity 4E checklist – for assessor ............................................................................................... 45
Summative Assessments ................................................................................................................ 46
Section A: Skills activity ................................................................................................................ 47
Summative assessments: Section A checklist .............................................................................. 49
Section B: Knowledge activity (Q & A) ......................................................................................... 50
Summative assessments: Section B checklist ............................................................................... 52
Section C: Performance activity ................................................................................................... 53
Summative assessments: Section C checklist ............................................................................... 54
Workplace Documentation – for learner ......................................................................................... 55
Workplace documents checklist .................................................................................................. 55
Supplementary Oral Questions (optional) – for assessor ................................................................ 56
Competency record to be completed by assessor ........................................................................... 59

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Instructions to Learner
Assessment instructions
Overview
Prior to commencing the assessments, your trainer/assessor will explain each assessment task and
the terms and conditions relating to the submission of your assessment task. Please consult with
your trainer/assessor if you are unsure of any questions. It is important that you understand and
adhere to the terms and conditions, and address fully each assessment task. If any assessment task is
not fully addressed, then your assessment task will be returned to you for resubmission. Your
trainer/assessor will remain available to support you throughout the assessment process.
Written work
Assessment tasks are used to measure your understanding and underpinning skills and knowledge of
the overall unit of competency. When undertaking any written assessment tasks, please ensure that
you address the following criteria:
 Address each question including any sub-points
 Demonstrate that you have researched the topic thoroughly
 Cover the topic in a logical, structured manner
 Your assessment tasks are well presented, well referenced and word processed
 Your assessment tasks include your full legal name on each and every page.