BSBFIN501 Final result record sheet V1.0
docx
keyboard_arrow_up
School
Texas Woman's University *
*We aren’t endorsed by this school
Course
123
Subject
Industrial Engineering
Date
Dec 6, 2023
Type
docx
Pages
6
Uploaded by rozaliawong
Melbourne Education Institute
RTO Number: 45054
CRICOS Number: 03673A
Level 1, 310 King Street, Melbourne, VIC, 3000
Ph: (03) 8638 8960
Email: admin@mei.edu.au
BSBFIN501 Manage Budget and Financial Plans
Final Result Record Version 1.0
Page | 1
UNIT
OF
COMPETENCY
FINAL
RESULT
RECORD
Qualification Code and Title
BSB50420 Diploma of Leadership and Management
Unit Code and Name
BSBFIN501 Manage Budgets and Financial Plans
Date of Submission
30 June 2022
Re-Assessment
(YES/NO)
Student Name
Wei Qiang Chen
Student ID
MEI2585
ASSESSMENT
DETAILS
AT#
Assessment Task
Trainer/ Assessor
Outcome (circle)
Intervention (Yes/No)
AT-
1
Knowledge Questions
S
U
DNS
AT-
2
Project Portfolio
S
U
DNS
Legend – AT = Assessment Task
Outcome: S = Satisfactory, U = Unsatisfactory, DNS = Did Not Submit
UNIT ASSESSMENT OUTCOME
Assessor
: The candidate has been assessed on the elements and performance criteria and the evidence has been presented as; Valid, Sufficient. Current and Authentic. I declare that I have conducted a fair, valid, reliable and flexible assessment for this candidate and found the candidate is:
Competent or Not Competent
C
NC
Assessor Signature
…………………………………
.......................
Date
.........................................................................................................
ASSESSOR FEEDBACK (
Assessor comments on relevancy, validity, currency, sufficiency, authenticity, quality of work and evidence submitted by the student including any suggestions and constructive feedback for skills improvement).
I confirm this is my own work. Further I declare that I have been assessed in this unit, in a fair and flexible manner. I have been provided with verbal feedback on my performance. I am also aware of my appeal rights.
Student Signature
…………………………………
.......................
Date
.........................................................................................................
Melbourne Education Institute
RTO Number: 45054
CRICOS Number: 03673A
Level 1, 310 King Street, Melbourne, VIC, 3000
Ph: (03) 8638 8960
Email: admin@mei.edu.au
BSBFIN501 Manage Budget and Financial Plans
Final Result Record Version 1.0
Page | 2
Student Assessment Agreement
Make sure you read through the assessments in this booklet before you fill out and sign the agreement below.
If there is anything that you are unsure of, consult your assessor prior to signing this agreement.
Have you read the assessment requirements for this unit?
Yes
No
Do you understand the requirements of the assessments for this unit?
Yes
No
Do you agree to the way in which you are being assessed?
Yes
No
Any reasonable adjustments made can be documented below:
Do you understand your rights to re-assessment?
Yes
No Do you understand your right to appeal the decisions made in an assessment?
Yes
No
Student Declaration
To be filled out and submitted with assessment responses
√ I declare that this is my own work and I have not cheated or plagiarised the work or colluded with any other student(s).
√ I understand that if I If I am found to have plagiarised, cheated or colluded, action will be taken against me according to the process explained to me.
√ I have correctly referenced all resources and reference texts throughout these assessment tasks.
Student Name
Wei Qiang Chen (MEI2585)
Student signature
Date
Assessment Task 1 Checklist
Student name
Wei Qiang Chen Student ID number
MEI2585
Date
30 June 2022
Did the student provide a sufficient and clear answer that addresses the suggested answer for:
Completed successfully
Comments
Yes
No
Question 1
Question 2
Question 3
Question 4
Question 5
Question 6
Question 7
Question 8
Question 9
Question 10
Question 11
Question 12
Question 13
Question 14
Task Outcome:
Satisfactory
Not Satisfactory
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Did the student provide a sufficient and clear answer that addresses the suggested answer for:
Completed successfully
Comments
Yes
No
Feedback
Assessor name
Assessor signature
Date
Assessment Task 2 Checklist
Student name
Wei Qiang Chen
Student ID number
MEI2585
Date
30 June 2022
Did the student:
Completed successfully
Comments
Yes
No
Manage the budget and financial plan of an organisation for one reporting period?
Access and review budget and financial plans for work team?
Evaluate budget and financial plan outcomes?
Negotiate at least one change required to be made to budget and financial plans?
Develop contingency plans in case that the initial budget/financial plan needs to be varied?
Communicate details of agreed budget and financial plans to relevant team members?
During the presentation, demonstrate effective communication skills including:
speaking clearly and concisely
using non-verbal communication to assist
with understanding
asking questions to identify required
information
responding to questions as required
using active listening techniques to confirm understanding?
Support team members to access resources and systems to perform required roles?
Did the student:
Completed successfully
Comments
Yes
No
Implement processes to monitor actual expenditure, control costs and modify contingency plans and according to financial objectives?
Report on budget and expenditure?
Collect and assess information on effectiveness
of financial management processes within work
team?
Analyse variance between actual and budgeted finances?
Identify and recommend improvements to existing financial management processes?
Implement agreed improvements as per the financial objectives of work team and organisation?
Evaluate and report on agreed improvements to financial management processes?
Task Outcome:
Satisfactory
Not Satisfactory
Feedback
Assessor name
Assessor signature
Date
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help