Financial Probity Requirements for Businesses

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BSBFIM601
Manage Finances
Student Assessment 1
Knowledge Questions

BSBFIM601 Manage finances
Customisation
BSBFIM601 v1.1 2020 Page 2

BSBFIM601 Manage finances
Assessment Instructions for Knowledge Questions
Instructions to student:
This is the knowledge assessment for the unit.
The information contained here is instruction on how to complete the assessment then submit for
marking, feedback and results.
(1) Students are expected to learn and practice before completing the assessments. Students can attend Assessor
information sessions in TEAMS to prepare for the assessment and get further instructions. The information
sessions are notified direct to your Mercury Colleges email address. Make sure you log in and attend these
sessions.
(2) You are required to individually complete the Knowledge Questions by the due date.
(3) The questions must be completed in written format. You may use the supplied document here to hand write
or type in your answers.
(4) Submit into ELearn using your student login.
If you are using a computer, save the file according to the submit procedure into ELearn.
If you are competing the assessment by hand-written answers, then you will need to scan the document and
save the file according to the same submit procedure into ELearn.
(5) This is not a closed book exam assessment. The unit resources in ELearn including the Learner Guide can be
used as a reference. However, students must not copy a full answer or plagiarise from the Learner Guide or
other sources unless this is indicated as acceptable in the question. So, the answer must be in your own
words.
(6) Please note that your responses can (where appropriate) use dot point format or a full sentence. See below
for an example of a dot point response and a full sentence response. There is a word count a guidance to what
is a full and complete answer.
Dot point format Presentation Plan includes the following:
 outcomes
 needs of the audience
 context.
Full sentence format When you are preparing for a Presentation, there are a number of tasks that must be
carried out. These are; listing the outcomes that you want to achieve, followed by the
identification of the needs of your audience. When you have completed these two
tasks, you then check on the room you will be conducting the simulation in etc.
(7) The Mercury Colleges Academic Misconduct Policy that has more information about cheating and not
submitting your own genuine work (also known as plagiarism). You have made a student declaration to be
sure you are ready to do this assessment and that you understand College policy, your rights and obligations.
(8) Each question will be marked in a recording form by the Assessor. You are expected to complete and get every
question correct.
(9) You will get feedback on your result and will be able to re-submit answers that are not correct.
(10)The final mark is S - satisfactory or NYS - not yet satisfactory. Satisfactory mean all questions are answered
correctly. See the Result form uploaded in ELearn (Gradebook) for your mark and feedback.
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