mZBA ES SECTION 3: Assessment Cover Sheet age ener cee Votbicren ve Grieih7= rep Fel pots ee ee Fiet Name: student : hee ee SST TSS TG ae oe RH rani * aes : Tamia aac 0 Da ene ae oe TE H hE eee SS nae Sone eemmenam aT bidneel some ans [ Festina bones Sie vragen a peo ao i zest ac fie ein Tae ie maton oo Sycraa pe tows ca AT TRCN Taueaant untae aaniuorcacnarna rae tenn | Cel cout areeean meee! : Student Satu ete a Assessor Use Only ‘at a Oc | One | Oe [One| fae | tne ee sea a 71 Feedback to Student ‘have received the Assessment Feedback on] [Student signature ‘Assessor signature Date aa t RSA aoe ATT se [= ZBA_ ssn eon 1 os raet29m ZBA Rati es syorrais rage 100828ent uns eadeny m=7BA mete a Zenirw tusmees Aca0eu" sat a ema sudan SECTION 4: Assessment Activity Assessors wl expan the assessment the students rit to the students commencing their assessment tasks 4.1 Written Activity ‘You will demanstrate a sound knowledge of the unl vequrements a your responses. ‘Al questions must be answered saistoctoiy or Par A tobe completed satiactriy. You must complete all questions unassisted by the asessor or other personne, but may refer to reference material a needed. “The question responses section ithe only resource required fortis {questioning assessment tobe completed. ‘Assessment must be conducted ina safe environment where evidence _ | gathered demonstrates consistent performance of typical atts || experienced in the genera administration fed of work and ince acess reference material in epard to meeting venues and technology, catering and transport supplies ‘organisational policies and procedures for managing meetings cofice supplies and equipment computers and relevant sofware casestudies and, where possible eal skuatons. "| Assessors must satisfy NVR/AQIT assessor requirements IW you are experiencing dificlies and or have spacial needs, please discuss with your assessor, ssw Vesey 10 updea 72036 vag tiat2sZenith Business Academy FF ZB A tena ut aE enim susmees ACADEMY vecncnatiay easements Written Activity ‘Ts assessments throughout he BSBAOSIS- Certificate uss administration couse. you have completed ths stsesmentin anther ni you do ot hae to rapat you hve not completes th sect prev Yo howls ‘he writen aco a tanéaloe actty that assessed seperately to the atts that form the evidence pot ‘The wren att wl ow the leemer te day required knowlege and sls hat ae essen when contesting vera competeny. Thi auld adres sch ofthe below so Activity 14 ‘Activity lscussng the asset registers and methods of recording assets that you may have experence personaly or have dscussed here inthe class. Use notes below for further discussion ‘NOTES: sseraon ‘erin 19 apes 72036 oe 20128mZBA no aa enon eusiees AcaDeNY vows 04, oma senses ua Activity 1B groups, as explained previously, discuss and experiment with efferent ‘examples of aset registers to determine the advantages and disadvantages of using either the Straight Lie or Decning Balance methods of deprecation. NOTES sason veron ups 0/036 Pog 130129mZBA nnn Zenita euamens ACADEMY nut 2 emat guess aay {SCO Poe Code OP Activity 28 ‘Students in this couse are not expected to have 2 high level of accounting or financial knowledge, but at last havea fundamental understanding of the financial aspects of business. tis helpful to sek the assistance and knowledge ofa finance manager or those ith uch knowledge within a finance department Research n teams of three (3) o 3s rected by the instructor the following areas of accounting priciles: ‘Double entry bookkeeping principles ‘General urna and gaara ledger entries Key provisions of relevant accounting accounting and auditing standards ‘Goods and Services Tax (657) regulations Use as much space 35 necessary erson 1 ued 7/2006 Page n6oh28as ry BZBA emweat st ema sees ea Activity 3A ‘Activity Use this session to complete a range of tas s suggested in the performance criteria, 1. Complete general journal entries 2. Make adjustments tothe generalledger 43. Post revenue and expense account balances to fina general ledger accounts 4 Enter gross ae net profits for reporting period inthe generalledger xamPUss ‘General Journal ~ Example ‘The ist adjusting entry clears the inventory accounts begining balance. 2014 | Income summary 0 | $37,000 inventory |S 337,000 ‘just beginning ventory ‘ath [ncome summary eo | $37,000 Inventory [2S 337,000 “Rajat being ventory ‘uth | Inventory 25 | $39,000 Theorie Summary | 600 $39,000 ‘ajust ending inventory sana, veson 2p 072036, aps 0f28™ZBA tae 2th Busts ACRE sense evo suds ae ‘GENERALLEDGER An accounting edger for keeping track of expenses and managing the budget it features four abs incuding TO Budget Summary and Monthly Expenses Summary YEAR Real ver Bade TD SL Receane Te” Aeual” Budget Remaining Remaining Code es 1000 Advertsing 99.249 99.25% 751 100,000 2000 ofr 100900 10000% Equipment = 100,000 3000 Printre 100,000 100.00% 100,000 4000 Servercosts 100,000 190.0% + 100,000 5000 Supaiies 50900 100.00% 50.900 6000 Cent Expenses 25900 100.0% = 35000 7000 computers 72,50 36.67% 2,500 75,000 8000 Medical tan 55000 100.0% 5,000 9000 Bulding Costs 125,900 100.00% = 325000 10000 Marketing 100.900 t00.00% 100,000 11000 charitable 247500 58.00% 2.500 250,000, 12000 Sponsorships 49000 98.00% 11900 50,000, oral 6.751 1,140,000 1133249 —98.41% rm eson 2 upd 0772016 ae 150129mes ACADEMY ona du. ens suceuencepita da. f ‘GENERAL LEDGER BXAMPLED ‘genera ledger used to create a budget for multiple accounts and compare your actual expenses with planned expenses it calculates totals for you. YEAR: Actual versus Budget YTD = vrosudeet_ ‘Buckets $soooe0 | § 4857500 | 9945% S$ 7500000 [$ 7e0ne7a | ane Sionaeo00 | §easen.0 | e2sox_| [a0 [Een $ m00000 | $ 2320800 | s2s0% ‘5000 ther '$ 0.00000 | $ 49.96440 | 993% ros Ssraano0n | ¢7ezm.3 | sions ‘Atemplate used to recor all the orders placed by agen customer. After you have creatd a tmplate for ach customer, you willhave te beglonings ofa ‘astomer order database. This template contains no caleulations. | customer Ledger | 1 ossonee ‘ase | saues ate | ore | re | accra | ary | “on |e | vu | veo | > | ie cove | 20: | oxo aris | Feoe woos | 099 | “a | 766 | 600] wverooe | “ox | "x | aate | date : sseraaor \esson Hue 772006 rap 7019| ™ZBA SS Activity 48 ‘tity ‘Students in ths couse are not expected to have a high level of accounting or financial knowledge, but at last havea fundamental understanding of the financial aspects of business. ‘eis helpful to seek the ascstance and knowledge of finance manager or those lth such knowledge within a finance department Research in teams of three (3) ras directed by the instructor, the following areas of accounting principles ‘Balance sheet function and purpose Revenue statements Cost of goods old ‘ross profit Operating net profit Unclassified adjusted expenses ‘and revenue se as much space a5 necessary stron erson 1 uaa 7/2006 rage a80f28Zenith Business Academy eval 7,298 rat aber E00 “lear 089605533, a ot nae Cn ‘The writen activity is astand-alone activity thats assessed separately othe activites that form the evidence porto, The writen activity wilaliow the earner to display requted knowledge and sills hat are esse when Fetextuaiing overall competency. “This writen att asessment tool corresponds with writen attr Tearner’ name: earner Ibe ‘assessor's name Part A : Did the Learner provide evidence of their ability to: ‘crv 28 0 a crn 18 o a cry 28 o a KNOWLEDGE TEST RESULT a NYS Feedback To Learner! ‘Assessor's Signature: Date: ras vesen2.upnd a2 ae 028HE ZBA Yer 1 upts 07206 Zenith Business Academy ‘atone: 09 003503, nab aduay ew sues,m ZB/ ee suresh a 4.2 Case Study Activity ‘This assessment is houghout he BSB40525-Cetfiate in Sunes amination course you have complet this sssesment in another unt, you dnt hae to repeat you have net completed te aetesient previous YOu souk The bservation act fa standalone atv that ir azeied eeparataly tothe aces that form the evidence tose The ebsenaton att wallow he esner to diy requed owadee an lsh ae exer when eontertualngoveral competency For this assessment, you wil need to prepare franc! reports fr corporate entitles in 2 wersace or sirlatea ‘Oberon Activity: 4.2 Case Study ‘city ‘Compete the folowing inavidually and attach your completed work to your Workbook. ‘Th answers tothe folowing questions wll enable you to demonstrate your knowledge of > Prodve a deta asset register nd deprecation schedule Accurately eco ervesfr talons dy sdustments Prepare ancl reports > ace and econcl eos systematically orsek expert advice if requres ‘ppv doubie-enty pines Complete altask coring to organisational poles nd industry endarde ean his wrtig si ‘ra communication sis Numeracy il Navigate the word of work Interact wth others {et the work done Spin doubeentybookeping prindpes int gener! joa! na genera edger ens Liste te roo of relevant lepton, regustors, standards and codes of practice that may preparation of ancl epots Describe organsatonal accountng ystems Outne relevent rgansatoal pods, procedures and secounting Sandrds Prepare financial report detaing th F Depreiton of set Name three ems pce of equpment and work ou thelr depreciation. [E > Asset transactions acer ‘ro ta 75 Pease vyvyyyvyyy2 ena suas ‘Record hres purchases and work ou hele depredation toe end of the year / ime of writing report. The tree purchases ‘shouldbe from diferent times and for different amounts > bxpenses © etal some applicable expenses You shoul give examples of three items of each category, and show your ‘working of how you caleulated depreciation and expenses. Include totals, to see profit loss ee ‘You should aim to demonstrate your understanding ofthe skis and knowledge covered within this uni; therefore, you should addin any other relevant information you fee would lustrate and Improve you report. sera eso 1 ued 7/2036 pee‘ontetualisaton above, | prove Zenith Business Academy seta ey ert “Seaton a 9505309 sua ease Study Activity Checklist [he observation checst is used bythe assessor to observe the learner demonstrating ce application ofthe required {hls and ngs. or details owt eonct and contra for eompeteny plea eer te scot “The assessor needs to ensure tat the take deta notes onthe performance ofthe larer nthe comments seetion teamer Name: teamer bs Assessor Name: | perormanceertera | ves ew and where peformanca Gioia wor ‘braved : Thestucont as provided evidence of pep Tuc: Prepare nancial report detalng ie Deprecatons of Assets Assets wansactions| Expenses Do a ‘Depreciations of Ate Name hee Rem / aSee ofequipment and workout their depreciation, | “Asettransactons: Recor tres purchases and workout their deprecation tothe end ofthe yeat/ time of writing report. The three purchases should. | be from ferent times and fr diferent amounts, Eapenses.Detalsome appilable expenses ‘case STUDY RESULT as NYS etal of Learners Performance: Feedback Given to Learner ‘session Signature ssaaon Veson 1 vpated 772006m ZBAEEZBA vena 4.3 Project Work Activity ‘Ths esessnnt throughout the BSBAOS15-Cetiae Win Busines administration cous, you have competed this ‘eeariment in another ant, you don't have to repeat you havent complete the aeerament previous yu shows ‘The Projet werk actly a standalone acti that is assessed Separately t the atts that frm the esence portfote. the questening acy wl alow the eamer to spay requred hnowedge and his hat are essential when ontetuang overall competeny. ‘atvty “his sa major activity your Instructor wile you know whether you wil complete lt during class orin your own tne. ‘attach your completed answers tothe workbook. ‘You musta, answer the following questions in flo show your competency ofeach element | 1 Miitan asset regieter 2. Record general oural entries for balance day adjustments 53. Prepare nal genealledger accounts 44 Prepare end of period financial reports 1 How could you prepare a registry of property plant and equipment from fixed arst transactions, In accordance with organisational pole or procedures? your company already hs system in pce, detall how it works. 2. How could you determine a method of caleulting depreciation, in accordance with organisational requirements? Explain your answer. 53. How can you maintain the asset register and associated deprecation schedule, in line with organisational policy, procedures and accounting requirements? 44 Whats the procedure within your company for recording depreciation of 5. Whats the procedure for adjusting expense accounts and revenue accounts for prepayments and acruals? 6. How would you record bad and doubtful debts in acordance with company paley? | 7. How would you adjst ledger accounts for inventories and transfer to final accounts? 8. How would you enter general journal enres fr balance day adjustments inm™ZBA nbc pense mb 24, oma: saree ‘he general ledger system? 9. Whatis the process for posting revenue and expense account balances to ‘the final ledger accounts system? 10. Why would you prepare the final edger account to reflect goss and nat profits fr reporting period? 1. Explain how and why you would prepare a revenue statement to reflect ‘operating profit fora reporting period? 12, How would you prepare the balance sheet to reflec the franca pstion of the business tthe end ofa reporting period? 13. Glvean example of how you would dently and coreet errors inthe ‘paperwork when producing a finandal por. Give an example of how and ‘why you would refer an error for esoution to amore senior colleague. Verson ued 6/7/2006 age 260829Zenith Business Academy tana ema suena i \ctivity Checklist “he aresor ns once wheter they hve conducted the questioning writen qurZon ora veal veins bye tne appro coie eou Wien Que Tea cans =| Te eT mR roe wince ihe SOTTO FOTO UAT, eer Mur PORES Te STATE OT setoneponesforverbs questioning, he aessor mut prove dtbnd ots helen epon. Learner's mame: earn 1: -— [ese comers AMM sectenc etter accuse tama att Ce ee Seu tng obey naisourcccuguora Sirsa oeelocih mann cal abet See a None aa > | Seiitnie sersumisuntoaaatavercaccacy Se amar —— Soraunalserer oat See he tanecan ir aaigermcaemrmteae | comtiepaenen onsen eee eee ee Se calor raat nian Temnaiaieaairs | Son a o a a a a ‘Question How would you enter general aural nites er banc dy o o a o a a sajrimers inte gerera edger cen? 7 estonia she ces or psig venue and pie baltes oe ial edge scouts sen? Ceri Why weal ou prepare he inl age NSIT TOR BOTS __| repro trepring pea? hss: an ot nd why YoU woud EFT 9 ERO STEROID tee operating ptt rept peas hues How weld you resoe th blce hee a eee rca poston ote buses tthe ends reporter? Coens Gear camp fw you wo eh sod OTE TTT 12 | pirereorcwbenprosung ranch pont an samp stow shy | yo woul refer an rar fressuson tos ore senior essg. PROJECT WORK ACTIVITY RESULT as | NYS | back ssonao1 asin supe 7/2036 oe 270129sara ero upd 07206 ag 28 0128