BSBFIM601 Manage finances
Learners
Assessment Guide
Assessment 2
XXXXXXXXXXRTO No: 21595 | CRICOS Code: 02634E
BSBFIM601 Manage finances Assessment 2 Page 1 of 5
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Assignment Coversheet
Name:
Student ID:
Email Address:
Class:
Unit name:
Unit Code:
Assignment name:
Student Declaration
I declare that –
a. The evidence I have submitted for assessment is my own work, and
. The evidence I have submitted for assessment has not been shared with other
students, and I have taken all reasonable precautions to ensure that my work cannot
e accessed by other students that may seek to submit my work as their own, and
c. All of the sources of information used to prepare my work have been, or may be
accurately cited, and
d. I retain a copy of all my original for my own records, or for resubmission if required by
Academia Australia, and
e. I have read and understood Academia Australia’s policy regarding plagiarism, and I
accept the right of Academia Australia to investigate suspected plagiarism, and to act
in accordance with the policy and procedure I have read.
Student Signature: __________________________________________
Date of Submission: ___ / /20
XXXXXXXXXXRTO No: 21595 | CRICOS Code: 02634E
BSBFIM601 Manage finances Assessment 2 Page 2 of 5
©Copyright Academia International 2020 XXXXXXXXXXVersion 4 B XXXXXXXXXXApproved by: B.
Wade
Assessment Information
You must achieve a satisfactory outcome for each of the required criteria of this
assessment to be deemed satisfactory for this assessment. You must achieve a
satisfactory result for the assessments for this unit of competency to achieve a competent
esult for the unit. If one or more of the assessment results are not satisfactory, you will
e Not Yet Competent for this unit.
You may follow the Assessment Appeals process in the Student Handbook
(www.academia21.com) if you are not satisfied with:
o the assessment result; or
o the way an assessment was ca
ied out by your trainer; or
o the conditions or structure of the assessment
The student handbook has the steps for reassessment if you receive a Not Yet Competent
mark and do not want to appeal.
Reasonable adjustment for assessment
Where students have highlighted Language, Literacy and Numeracy issues reasonable
adjustment to the assessment can be made. Should you receive a ‘Not Yet Competent’ or
‘Resubmit’ result for the assessment you will be given the opportunity to re-submit your
assessment work with any amendments requested by your trainer.
The adjustment may include actions such as:
• Student demonstrating knowledge through ve
al discussion to identify co
ect answers
• Student demonstrating knowledge through applied skills
• Allowing additional time relating to disability
• Through consultation amending assessment timeframes
• Assistance in the form of the training location to allow easier access
• Accessing relevant equipment or aids to assist the student
• Adjustments to the assessment methods to cater for any special needs (without effecting
the integrity of the outcome)
If a student requests or is identified as requiring reasonable adjustment to the training and
assessment process a detailed training and assessment plan including timetables, notes
egarding the required adjustments, and any related communications regarding the
adjustments must be maintained in the students file.
The RTO Manager must review and authorise any request for ‘reasonable adjustment’ to
ensure that any adjustments and resulting outcomes are not affecting the integrity of the
training and assessment process.
Location of and completion timeframes for assessment
The location of the assessment will depend upon the nature of the assessment.
Assessments such as; role plays, in class activities, presentations and knowledge questions
will be conducting in the classroom. The timeframes and due dates for these assessments,
as well as any reports, projects or research assignments, are documented in the stage
outlines. Stage outlines are handed out at the beginning of each term.
http:
www.academia21.com
XXXXXXXXXXRTO No: 21595 | CRICOS Code: 02634E
BSBFIM601 Manage finances Assessment 2 Page 3 of 5
©Copyright Academia International 2020 XXXXXXXXXXVersion 4 B XXXXXXXXXXApproved by: B.
Wade
Assessment 2 - Project 1
Task 1
Go to the Spreadsheet Task1 Support Material and calculate each of the following values in the
orange boxes using the co
ect formulae:
1. Net Cash Flow from Operations
2. Net Cash Flow from Investing Activities
3. Net Cash Flow from Financing Activities
4. Net Increase in Cash
5. Cash at End of Year
Task 2
For this Assessment, Your Trainer will provide you with the Spreadsheet Task 2 Support
Material.
A. On the first tab “Departments” you will find an overview of the existing budget figures for the
2018/2019 financial year.
B. Use the template “Draft Budget” on the second