The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Administer the legal requirements of the business
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Identify, implement and monitor legislative requirements to ensure the compliance of business processes Completed |
Evidence:
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Identify, maintain and store legal documents Completed |
Evidence:
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Review legislative requirements regularly Completed |
Evidence:
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Process and maintain the insurance requirements for the business
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Identify and assess insurance requirements Completed |
Evidence:
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Identify suitable insurers or brokers and obtain quotations Completed |
Evidence:
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Acquire adequate insurance policies and cover Completed |
Evidence:
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Review legislative requirements and insurance cover Completed |
Evidence:
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File documents to ensure security and accessibility Completed |
Evidence:
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Identify sources, types and cost of finance
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Conduct research on the types of finance for businesses Completed |
Evidence:
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Determine costs associated with different forms of finance Completed |
Evidence:
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Assess repayment structures for finance options Completed |
Evidence:
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Prepare application for finance or investment
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Access business and financial data and prepare an application for finance or investment Completed |
Evidence:
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Complete an application for finance Completed |
Evidence:
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Refer the finance application to management team for checking prior to submitting to the relevant body Completed |
Evidence:
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Maintain and store documentation Completed |
Evidence:
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