Unit assessment pack (uap)
Instructions for answering written questions
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- How your trainer/assessor will assess your work
- Purpose of the assessment
| Instructions for answering written questions:
Complete a written assessment consisting of a series of questions. You will be required to correctly answer all the questions. Do not start answering questions without understanding what is required from you. Read the questions carefully and critically analyse them for a few seconds, this will help you to identify what is really needed. Your answers must demonstrate an understanding and application of relevant concepts, critical thinking, and good writing skills. Be concise to the point and write answers according to the given word-limit to each question and do not provide irrelevant information. Be careful, quantity is not quality. Be careful to use non-discriminatory language. The language used should not devalue, demean, or exclude individuals or groups on the basis of attributes such as gender, disability, culture, race, religion, sexual preference or age. Gender inclusive language should be used. How your trainer/assessor will assess your work? This assessment task requires the student to answer all the questions. Answers must demonstrate the student’s understanding and knowledge of the unit. If all assessment tasks are deemed Satisfactory (S), then the unit outcome is Competent (C). If at least one of the assessment task is deemed Not Satisfactory (NS), then the unit outcome is Not Yet Competent (NYC). Once all assessment tasks allocated to this Unit of Competency have been undertaken, trainer/assessor will complete an Assessment plan to record the unit outcome. The outcome will be either Competent (C) or Not Yet Competent (NYC). The “Assessment Plan” is available with the Unit Assessment Pack (UAP) – Cover Sheet. Purpose of the assessment: The purpose of this assessment task is to assess the students’ knowledge essential to prepare and monitor budgets in a range of contexts and industry settings. Knowledge to identify the scope and nature of required budget and the data and data source for budget preparation. Knowledge to analyse potential impact on budget by internal and external factors. Knowledge to engage colleagues and required stakeholders to get input during budget planning process. Knowledge to draft budget with estimated income and expenditures based on valid, reliable and relevant information. Knowledge to reflect organisational objectives while drafting budget. Knowledge to analyse and provide options and recommendations on the budget in clear format and circulate it to the relevant stakeholders for their input. Knowledge to negotiate and incorporate agreed modification in the budget based on organisational policy and procedures. Knowledge to prepare final budget in clear format within designated timelines and inform the affected colleagues with final budget decisions and relevant work areas, roles and responsibilities. Knowledge to review budget regularly and check the performance and prepare accurate financial reports. Knowledge to incorporate all financial commitments and investigate and take appropriate action to handle significant deviations. Knowledge to analyse internal and external changes and adjust the budget accordingly. Knowledge to collect and record relevant information to help in future project’s budget preparation. Knowledge to collect, review, interpret/understand and analyses/review text-based business information from a range/number of sources. Written knowledge to draft budget on the bases of information available, and to use organizational policies in the budget. Numeracy/numbers- mathematical Knowledge to interpret/understand and draft budgets in business environment. Knowledge to work independently/freely as well as collaboratively/together to make decision about changes when required in a budget. Knowledge to interact/cooperate with others using appropriate conventions/systems when communicating to, and consulting/discussing with stakeholders/interested parties. Download 179.41 Kb. Share with your friends:
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