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?
Gather and record operating and cost data
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Systems to generate data are established Completed |
Evidence:
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Data is systematically coded, classified and checked for accuracy and reliability in accordance with organisational policies and procedures Completed |
Evidence:
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Analyse data
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Costs are assigned to specified products, services and organisational units Completed |
Evidence:
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Data is reconciled to ensure calculations are accurate and comply with organisational procedures Completed |
Evidence:
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Interpretation of revenues and costs is supported by valid analysis and is consistent with the organisation's business performance objectives Completed |
Evidence:
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Prepare budgeted reports
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Cost information advice is sought from all sections of the organisation when formulating budgets Completed |
Evidence:
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Structure and format of budgets and reports are clear and conform to management information requirements Completed |
Evidence:
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Variances against budget are identified and prioritised for review and decision making Completed |
Evidence:
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Reports are error free, comprehensive and comply with management requirements and organisational practices Completed |
Evidence:
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Review costing system integrity
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The variance between actual and applied overheads costs is analysed Completed |
Evidence:
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Variance analysis is used to review the effectiveness of the cost assignment process Completed |
Evidence:
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