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?
Discuss customer responsibilities in relation to personal financial statements
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Identify range and frequency of personal financial statements received by customers Completed |
Evidence:
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Discuss different purposes of financial statements and need to retain certain financial statements for tax or other purposes with customers Completed |
Evidence:
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Explain specific information contained in a range of financial statements
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Explain range of terminology used in financial statements to customers Completed |
Evidence:
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Identify and explain common items listed on credit card statement in plain language to customers Completed |
Evidence:
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Identify and explain common items listed on superannuation fund statement in plain language to customers Completed |
Evidence:
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Identify and explain fees and charges applicable to superannuation to customers Completed |
Evidence:
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Provide contact details for advice on information contained in financial statements to customers as necessary Completed |
Evidence:
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Explain ways of managing personal financial statements
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Explain and demonstrate importance and means of checking financial statements for accuracy to customers Completed |
Evidence:
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Identify and discuss ways to estimate and plan for regular payments and appropriateness of different repayment options for customers Completed |
Evidence:
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Explain options available to consumers in case of inability to pay amounts owed in financial statements to customers Completed |
Evidence:
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