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Elements and Performance Criteria

  1. Administer the legal requirements of the business
  2. Process and maintain the insurance requirements for the business
  3. Identify sources, types and cost of finance
  4. Prepare application for finance or investment

Range Statement

Performance Evidence

The candidate must be assessed on their ability to integrate and apply the performance requirements of this unit in a workplace setting. Performance must be demonstrated consistently over time and in a suitable range of contexts.

The candidate must provide evidence that they can:

interpret financial reports and farm business data

maintain basic accounts

administer the legal requirements of the business

process and maintain the insurance requirements for the business

identify sources, types and cost of finance

prepare an application for finance or investment.