Sitxfin004 prepare and monitor budgets sitxfin004

SITXFIN004 – Prepare and monitor budgets.
(d) To evaluate the efficiency of the budget planning process.
13. What types of financial commitments are included in budgets?
(a) Financial business goals and mission statements.
(b) Debts, utilities, food and beverage purchases.
(c) Weekly staff rosters and food and beverage purchase orders.
(d) Income gained from investments and distributed to shareholders.
SITXFIN004 – Student Assessment Guide Page 24 of 62
Australian Academy of Higher Learning Pty Ltd T/A Technical Institute of Victoria (TIV)
RTO No:21994 CRICOS CODE 02924F Version 3.0

SITXFIN004 – Prepare and monitor budgets.
SITXFIN004 – Student Assessment Guide Page 25 of 62
Australian Academy of Higher Learning Pty Ltd T/A Technical Institute of Victoria (TIV)
RTO No:21994 CRICOS CODE 02924F Version 3.0
Assessment Cover Sheet: Assessment Method 2
Student Detail
Student Id:
Student Name:
Group No:
Assessment Details
Unit of Competency SITXFIN004 Prepare and monitor budgets
Assessment Method Case study
Due Date
Date of Submission
Assessment Outcome
Satisfactory
□
Not Satisfactory
□
Assessor Name
Feedback
Student Plagiarism Declaration: By submitting this assessment to the college, I declare that this assessment task is original
and has not been copied or taken from another source except where this work has been correctly acknowledged. I have made
a photocopy or electronic copy or photograph of my assessment task, which I can produce if the original is lost.
Assessor Student
I declare that I have conducted a fair, valid, reliable and flexible
assessment with this student, and I have provided appropriate
feedback.
Check for Copying/Collusion Yes No
Check for Authenticity Yes No
Signature: ........................................................
Date: ................................................................
I have received, discussed and accepted the outcome as
above for this assessment method and I am aware of my
appeal rights.
Signature: .......................................................
Date: ..............................................................
Simranjit kaur
THM190109

SITXFIN004 – Prepare and monitor budgets.
SITXFIN004 – Student Assessment Guide Page 26 of 62
Australian Academy of Higher Learning Pty Ltd T/A Technical Institute of Victoria (TIV)
RTO No:21994 CRICOS CODE 02924F Version 3.0
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SITXFIN004 – Prepare and monitor budgets.
SITXFIN004 – Student Assessment Guide Page 27 of 62
Australian Academy of Higher Learning Pty Ltd T/A Technical Institute of Victoria (TIV)
RTO No:21994 CRICOS CODE 02924F Version 3.0
Assessment Method 2: Case study
Resources required:
• Computer with internet connection, MS Word, and MS Excel software.
• Learner Guide - Unit – SITXFIN004 Prepare and monitor budgets.
• Student Guide and a pen.
• Soft copies of the required templates.
Planning the assessment
• Trainer/Assessor will provide a date for the assessment & brief the TIV assessment policy to the
students.
• Ensure you have access to all resources listed above, either printed copies or access via the
internet.