Summative Assessments

The summative assessments are the major activities designed to assess your skills, knowledge and performance, as required to show competency in this unit. These activities should be completed after finishing the Learner Guide. You should complete these as stated below and as instructed by your trainer/assessor.

Skills, knowledge and performance may be termed as:

 Skills – skill requirements, required skills, essential skills, foundation skills

 Knowledge – knowledge requirements, required knowledge, essential knowledge, knowledge evidence

 Performance – evidence requirements, critical aspects of assessment, performance evidence.

Section A: Skills Activity

The Skills Activity is designed to be a series of demonstrative tasks that should be assessed by observation (by the assessor or third party, depending on the circumstances).

It will demonstrate all of the skills required for this unit of competency – your assessor will provide further instructions to you, if necessary.

Section B: Knowledge Activity (Q & A)

The Knowledge Activity is designed to be a verbal questionnaire where the assessor asks you a series of questions to confirm your competency for all of the required knowledge in the unit of competency.

Section C: Performance Activity

The Performance Activity is designed to be a practical activity performed either in the workplace or a simulated environment. You should demonstrate the required practical tasks for the unit of competency and be observed by the assessor and/or third party, as applicable to the situation. If the third party is required to observe you, you will need to make the required arrangements with them.

If necessary for the activities, you should attach completed written answers, portfolios or any evidence of competency to this workbook.

Section A: Skills Activity

Objective: To provide you with an opportunity to show you have the required skills for this unit.

A signed observation by either an approved third party or the assessor will need to be included in this activity as proof of completion.

This activity will enable you to demonstrate the following skills:

 Reading

 Writing

 Oral Communication

 Numeracy

 Navigate the world of work

 Interact with others

 Get the work done

Answer the activity in as much detail as possible, considering your organisational requirements.

1. Evaluate whether your organisation is adhering to legislative requirements. What proof can you find to suggest they are or are not meeting legislative needs?

2. Create a document which provides an analysis of factual and forecasted information. Your document should be prepared using the format, content and layout most appropriate to the audience and purpose of the document. 

3. Demonstrate your oral communication skills by explaining financial decisions and outcomes clearly and using listening and questioning techniques to exchange information and obtain agreement. For example, you may host a meeting, talk via a video conference or have a one-to-one discussion with someone.

4. Describe a time when you have used your numerical skills. Provide details of the calculations, to show how you have either:

 Reviewed and analysed numerical data embedded in organisational documentation and legislation; or

 Compared and contrasted complex numerical data to analyse and evaluate financial position and processes; or

 Used appropriate formulae to analyse financial data to assess and manage risk and identify discrepancies.

5. Outline a task you have completed (which is part of your work role) where you have recognised, understood and adhered to legislative and organisational requirements.

6. Describe a protocol which is in place in your organisation (and you have used), to communicate with supervisors and managers to share information or seek agreement.

7. Give a demonstration to a supervisor or assessor on how to use a range of digital technology to access, filter, compile, integrate and logically present complex information from multiple sources. What new digital technologies and applications are available (or soon to be available) to manage and manipulate data?