11 Explain the risk factors associated with their business idea and the expected returns ? Yes ? No 12 Describe their plan to monitor the budget in the event of deviations. ? Yes ? No 13 Explain the reports that require lodging by this company according to the Australian Security and Investment Commission. ? Yes ? No 14 Analyse these financial records by applying the horizontal and vertical analysis methods. ? Yes ? No 15 Explain whether they think that the organisations financial decisions will serve to meet the organisations planned outcomes. ? Yes ? No 16 Argue a case for financing of their business idea with their assessor and imagining that he/she is the bank manager ? Yes ? No

5 Explain how will they analyse these forecasts. 6 Identify the statutory requirements they need to consider in preparation of budget. 7 Describe how they will collect comparative and trend information to support their budget. 8 Explain their negotiation strategy with the bank manager relating to acquiring funding for their business project. 9 Describe the records that they will maintain to ensure up-to- date information about resource allocations and usage 10 Explain how will they report budget performance and expenditure

Serial no. In undertaking this assessment, did the student 1 Prepare a financial plan that includes a cash flow forecast, balance sheet forecast and break even analysis for their new business. 2 Attach a report that includes a budget for the first year expenditure of new business. 3 Describe the products or services that their business will produce. 4 Identify which type of forecasting technique they will use to develop further financial forecasts.

You will have 3 attempts to achieve a satisfactory outcome in your assessment. Should you not be successful in your attempt your assessor will provide directive feedback to guide to success in your second attempt. Should further assistance be required your assessor will provide you with one on one tutoring and or extra classes may be organised for you to attend. Assessment reasonable adjustment may be exercised by your assessor at their discretion If you are not successful in your first 3 assessment attempts, you will be required to pay for any consecutive attempts.