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Answered Same DayMar 05, 2020

Solution

Pulkit answered on Mar 07 2020
70 Votes
Comprehensive Assessment
BSBFIM601 - Manage finances
ASSESSMENT COVER SHEET
    Student name:
    
    Assessor name:
    
    Date of assessment / evidence:
    
    Venue:
    251 PITT STREET, MANNING BLDG, HAYMARKET, SYDNEY, NSW
    Qualification title:
    BSB61015 - Advanced Diploma of Leadership and Management
    Unit(s) of competency assessed:
    BSBFIM601 - Manage finances
    Instructions to the student:
    To complete this unit’s assessment, you are required to answer all questions in this booklet and demonstrate specific tasks and skills.
    Assessment
Comprehensive Assessment
Knowledge questions and Application
    Task 1
    
    □ Satisfactory
    □ Not Satisfactory
    □ Not Completed
    Instructions to the assesso
    To complete this unit’s assessment, the student is required to answer all questions in this booklet and demonstrate specific tasks and skills.
Once the booklet is completed, you are to make the assessment decision. Please refer to the marking guidelines when making this decision.
    Context of Assessment
    Assessment tasks will be completed in the College, including the computer lab, using provided software and documentation.
    
Assessment outcome:
(please tick to indicate)
     Competent
     Not Yet Competent
    Is re-assessment required?
    Yes
     No
    Date of re-assessment
(if applicable)
    
    Date declared competent:
(if different to date of assessment)
    
    
Student:
· The assessment process, including assessment information, competency requirements, student rights and appeals were clearly explained.
· I have been provided with feedback on my assessment and agree/disagree (delete what is not applicable) with the assessment result.
    Student signature:
    
    Date:
    
    
Assessor:
· The assessment process, including assessment information, competency requirements, student rights and appeals were clearly explained.
· The assessment was valid, reliable, flexible and fair.
· I have provided the student with feedback on their assessment.
· I certify this assessment record is accurate.
    Assessor signature:
    
    Date:
    
    Comments:
*Please see Moodle for feedback on assessment(s)*
Part A.
1.
a. Business name: Dream Interiors
. Business location: Gold Coast
c. Description of products and service: The entity would provide interior designing services to its clients
d. Staff levels: 5-8
e. Equipment and facilities required: Office Setup, Boards, Electricity and Wate
2.
    Start-up Costing for Dream Interiors - 2018
    START-UP COSTS
    Cost ($)
    EQUIPMENT/CAPITAL COSTS
    Cost ($)
    Registrations
     
    Business purchase price
    77000
    Business name
    5000
    Franchise fees
    102000
    Licences
    10000
    Start-up capital
    51200
    Permits
    -
    Plant & equipment
     
    Domain names
    10000
    Vehicles
    65600
    Trade marks/designs/patents
    20000
    Computer equipment
    23600
    Vehicle registration
    22300
    Computer software
    24500
    Membership fees
    33600
    Phones
    2500
    Accountant fees
    20000
    Fax machine
    0
    Solicitor fees
    20000
    Security system
    6900
    Rental lease cost (Rent...
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