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?
Advise potential clients on appropriate factoring or invoice discounting arrangements
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Different types of arrangements that may be offered to prospective clients are identified Completed |
Evidence:
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Clients are advised of the different policies and procedures that should be followed in relation to the different types of products Completed |
Evidence:
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Prospective clients' financial position is assessed from information provided and the and advantages and disadvantages of various debt assignment options and products Completed |
Evidence:
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Clients are advised on the different types of legal assignment of debt that relate to each type of product Completed |
Evidence:
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Manage the relationship between the debtor and factor or invoice discounter
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Information is provided to the debtor as appropriate to the type of product and in accordance with statutory and legislative guidelines Completed |
Evidence:
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Debt recovery arrangements including all terms and conditions are established with the debtor Completed |
Evidence:
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Manage the relationship between the client and the factor or invoice discounter
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Clients are advised clearly and comprehensively how the relationship will proceed Completed |
Evidence:
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Ongoing monitoring review procedures are established with the client using questioning to confirm full understanding Completed |
Evidence:
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