A range of assessment methods should be used to assess practical skills and knowledge The following examples are appropriate for this unit case studies that allow the candidate to report on business performance through analysis of financial reports oral or written questions to assess knowledge and understanding of accounting concepts and terminology review of portfolios of evidence and thirdparty workplace reports of onthejob performance by the candidate Holistic assessment with other units relevant to the industry sector workplace and job role is recommended for example SITXFINA Manage finances within a budget SITXFIN004A Manage finances within a budget SITXFINA Prepare and monitor budgets SITXFIN005A Prepare and monitor budgets SITXFINA Manage financial operations SITXFIN008A Manage financial operations.
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