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?
Discuss customer's responsibilities in relation to personal financial statements
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The range and frequency of personal financial statements that are received by the customer are identified Completed |
Evidence:
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The different purposes of financial statements and the need to retain certain financial statements for tax or other purposes is discussed with the customer Completed |
Evidence:
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Explain specific information contained in a range of financial statements
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A range of terminology used in financial Statements is explained to the customer Completed |
Evidence:
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Common items listed on a credit card statement are identified and explained in plain language to the customer Completed |
Evidence:
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Common items listed on a superannuation fund statement are identified and explained in plain language to the customer Completed |
Evidence:
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Fees and charges applicable to superannuation are identified and explained to the customer Completed |
Evidence:
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Contact details for advice on information contained within financial Statements are provided to the customer as necessary Completed |
Evidence:
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Identify and explain ways of managing personal financial statements
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The importance and means of checking financial statements for accuracy is explained and demonstrated to the customer Completed |
Evidence:
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Ways to estimate and plan for regular payments and the appropriateness of different repayment options for the customer are identified and discussed Completed |
Evidence:
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Options available to the consumer in case of inability to pay amounts owed in financial statements are explained to the customer Completed |
Evidence:
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