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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Legislative requirements are identified, monitored and processed to ensure compliance. Completed |
Evidence:
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Legal documents are identified, maintained and stored in accordance with organisational requirements. Completed |
Evidence:
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Legislative requirements are reviewed regularly in accordance with organisational requirements. Completed |
Evidence:
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Process and maintain the insurance requirements for the business
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Insurance requirements are identified and assessed in consultation with the management team. Completed |
Evidence:
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Suitable insurers or insurance brokers are identified and quotations obtained. Completed |
Evidence:
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Adequate insurance policies and cover are acquired in consultation with management team. Completed |
Evidence:
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Legislative requirements and insurance cover are reviewed regularly in accordance with organisational requirements. Completed |
Evidence:
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Documentation filed is in accordance with organisational requirements to ensure security and accessibility. Completed |
Evidence:
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Identify sources, types and cost of finance
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Research is conducted on the different types of finance available to primary production-based businesses. Completed |
Evidence:
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Costs associated with different forms of finance are determined. Completed |
Evidence:
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Re-payment structures for finance options are assessed in consultation with the management team. Completed |
Evidence:
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Prepare application for finance or investment
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Farm business and financial data are accessed and an application for finance or investment prepared. Completed |
Evidence:
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Overview of the finance application is checked by the management team and submitted to the relevant body. Completed |
Evidence:
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Documentation is maintained and stored in accordance with organisational requirements. Completed |
Evidence:
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