BSBFIN501 Task 3 Nhat Van Nguyen
.docx
keyboard_arrow_up
School
Deakin University *
*We aren’t endorsed by this school
Course
435
Subject
Business
Date
Feb 20, 2024
Type
docx
Pages
8
Uploaded by MegaLemurMaster743
BSBFIN501 Manage budgets and financial plans
Task 3 Portfolio: Manage budgets and financial plans
at BizOps Enterprises
Assessment Templates
Student ID
Student Name
First Name:
Last Name:
Submitting your assessment: Complete all assessment tasks, upload the
Assessment Templates,
and submit in Moodle for
grading.
Document naming convention:
Before you submit this document to Moodle, save it using the following document naming
convention:
Student ID - Full Name - Unit Code - Task Number - Submission Number
o
Example:
MV09001 - Robert Dejanovic – BSBFIN501 - Task 3 - Submission 1
Once your assessment is graded, you will receive an email notification. Check your grades and
submission feedback on Moodle.
Assessor’s acknowledgement:
Please verify each of the following principles of assessment by placing a tick in each box. Refer
to the assessor's handbook for further information if required.
☐
Authentic
: I am assured that the evidence presented for assessment is the learner’s
own work
☐
Valid: I am assured that the learner has the skills, knowledge and attributes as
described in the module or unit of competency and associated assessment
requirements
☐
Current:
I am assured that the assessment evidence demonstrates current
competency. This requires the assessment evidence to be from the present or the
very recent past
☐
Sufficient:
I am assured that the quality, quantity and relevance of the assessment
evidence enable a judgement to be made of a learner’s competency
Greystone College Australia
BSBFIN501 Assessment Templates
V2.1123
Page
1
of
8
Table of Contents
Budget Report template
..............................................................................................................
3
Example budget (Excel Spreadsheet template)
...........................................................................
3
Briefing - Retail Outlet Managers template
.................................................................................
3
Contingency Budget (Excel Spreadsheet template)
....................................................................
3
Email: Sales staff template
..........................................................................................................
4
Implementation and Monitoring Plan template
..........................................................................
5
Proposal submission: Board of Directors template
.....................................................................
6
Executive Briefing template
.........................................................................................................
7
Revised Budgeting and Financial Planning Procedures template
................................................
8
Greystone College Australia
BSBFIN501 Assessment Templates
V2.1123
Page
2
of
8
Task 3: Activity 1, Step 3
Budget Report template
Chart
Interpretation and financial direction
Task 3: Activity 2, Step 1
Example budget (Excel Spreadsheet template)
For Steps 1 and 3 you must complete and submit the BSBFIN501 Task 3 Excel Spreadsheet Templates V2.1123.xlx
Task 3: Activity 2, Step 2
Briefing - Retail Outlet Managers template
Task 3: Activity 2, Step 3
Contingency Budget (Excel Spreadsheet template)
For Steps 1 and 3 you must complete and submit the BSBFIN501 Task 3 Excel Spreadsheet Templates V2.1123.xlx
Greystone College Australia
BSBFIN501 Assessment Templates
V2.1123
Page
3
of
8
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
The Chief Information Officer (CIO) and the Managing Director (MD) of Illustrious Limited recently had the following conversation regarding the development of a new information system for the company:CIO: The way to go about the analysis is to first examine the old system, such as reviewing key documents and observing the workers performing their tasks. Then we can determine which aspects are working well and which should be preserved.MD: We have been through these types of projects before, and what always ends up happening is that we do not get the new system we are promised. Instead we get a modified version of the old system.CIO: I can assure you that will not happen this time. My team just want a thorough understanding of what is working well and what is not.MD: I would feel much more comfortable if we first started with a list of our requirements. We should spend more time in determining what exactly we want the system to do upfront. Then your team can come in and determine what…
arrow_forward
The Chief Information Officer (CIO) and the Managing Director (MD) of Illustrious Limited recently had the following conversation regarding the development of a new information system for the company: CIO: The way to go about the analysis is to first examine the old system, such as reviewing key documents and observing the workers performing their tasks. Then we can determine which aspects are working well and which should be preserved. MD: We have been through these types of projects before, and what always ends up happening is that we do not get the new system we are promised. Instead we get a modified version of the old system. CIO: I can assure you that will not happen this time. My team just want a thorough understanding of what is working well and what is not. MD: I would feel much more comfortable if we first started with a list of our requirements. We should spend more time in determining what exactly we want the system to do upfront. Then your team can come in and determine…
arrow_forward
1. You are to prepare an annotated bibliography consisting of three (3) academic
journal articles, at least one (1) book and one (1) reference of your choice about a
topic within your area of specialization.
2. Your annotations must be between 150 and 200 words.
3. Use APA 7th edition format.
4. Do not forget to attach the three journal articles when you submit your AT1.
Example:
Assessment Task 1: Annotated Bibliography
Author's last name, First name initial. Middle initial. (Year of publication). Title of the article.
Title of the Journal in Italics, volume number (Issue number), pages used. DOI number
Text more text text. Text more text text. Text more text text. Text more text text. Text
more text text. Text more text text. Text more text text. Text more text text. Text more
text text. Text more text text. Text more text text. Text more text text. Text more text text.
Text more text text. Text more text text. 150-200 words
Author's last name, First name initial. Middle initial.…
arrow_forward
The Chief Information Officer (CIO) and the Managing Director (MD) of Illustrious Limited recently hadthe following conversation regarding the development of a new information system for the company:CIO: The way to go about the analysis is to first examine the old system, such as reviewing keydocuments and observing the workers performing their tasks. Then we can determine which aspectsare working well and which should be preserved.MD: We have been through these types of projects before, and what always ends up happening is thatwe do not get the new system we are promised. Instead we get a modified version of the old system.CIO: I can assure you that will not happen this time. My team just want a thorough understanding ofwhat is working well and what is not.MD: I would feel much more comfortable if we first started with a list of our requirements. We shouldspend more time in determining what exactly we want the system to do upfront. Then your team cancome in and determine what portions…
arrow_forward
write a Individual Article Critique Report by following given instruction This document should be read in
conjunction with the TMGT603 Unit Outline Please ensure that you carefully follow the detailed instructions
that appear below: Critique Instructions 1. Prepare a critique of the ChatGPT critique in which you must
detail what the gaps are in the latter. The article being the subject of the ChatGPT critique is the article
appearing as Readings in Week 3, entitled: Joullié, J. E Gould, A. M., Spillane, R & Luc, S. (2021). The
language of power and authority in leadership. The Leadership Quarterly, 32(4), 1 - 12 2. Your critique must
include at least 3 additional resources to support arguments that you present in support of your critique. Your
references must be included as in- text references throughout you report. 3. Your critique must have a
minimum word count of 1000 words and a maximum allowable word count of 1300 words. This does NOT
include references. 4. Refer to the Marking…
arrow_forward
4a) Total quality management is a top-down program
True/ False
4b) The qualifications of a competent project manager are: technical expertise, related
project experience, business capability, leadership ability, people skills and
appropriate educational degree.
True/ False
4c) A good method to ensure client satisfaction is to develop criteria and a related
measurement program and periodic report that show the contractor's performance
against the criteria.
True/ False
4d) Some of the elements for an effective team-building program are: project
commitment, cost and schedule consciousness, and working togetherness
True/ False
Make sure you solve all question, I need only answers. If you are going to solve please left this question. I need all answers.... **
arrow_forward
This subject is Business enterprise simulation. Can you give a title and please answer the rest in the picture
arrow_forward
1) Briefly discuss the elements of a process map ?
2) Briefly discuss the elements of a successful business plan presentation ?
3) Briefly discuss why a full set of pro forma financial statements is not needed at the feasibility analysis stage ?
arrow_forward
An eager business analyst is excited about his first opportunity to serve as the lead requirements engineer for the Global Real-Time Insurance Measurement (GRIM) project for Reapers Inc. In his desire to make a good impression the analyst completed his own
research by examining GRIM Reapers procedure manuals, and workflow documents. He also examined both receipt and invoice documents to get an idea of the data fields. Finally, he even created a data dictionary and glossary of business terms. At the start of the
blastoff meeting, the analyst came fully prepared with suggestions on how to make improvements to the organization. Comment on the strengths and weaknesses (if any) of the analyst's approach and make any suggestions on what you would have done differently.
arrow_forward
Evaluate the ways in which time and quality can affect the cost of a project
arrow_forward
Please make a Gantt chart of this picture below and take screenshots of the Gantt chart
arrow_forward
Let’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You need to create a proposal to give to the school on ways to improve the wellness center.
What equipment is necessary to add to the wellness center? (AED, CPR certification for all employees?) What else would you want to add to the wellness center? How much would they cost? Please list out the costs ( ex: 3 treadmills: $ 3000/treadmill = $9000, Fresh towels: 25 towels at $3/each = $75) Use your imagination here. What would make the wellness center inviting? New Tvs? Towels? Better equipment? Music system? Outdoor classes that need equipment? You have to use the space you have but be creative! You have $25,000 ! Spend it!
You will need to search for this information online. Please be sure to include references from where you found your costs.
New Proposed Equipment:
Item…
arrow_forward
North Hills College is implementing a new registration system that will allow students to register both online and in person. As the IT manager, you decide to hold a JAD session to assist define the system's needs. The administrative personnel of North Hills is pretty conventional, including a registrar, a student support and services team, a business office, an IT division, and a variety of academic departments. You begin working on a strategy to carry out the JAD session using this information. What kind of people would you invite to the meeting, and why? What would your session's agenda be, and what would happen at each step of the session?
arrow_forward
How does a Facility manager's (FM) templates (janitorial or cleaners checklists) help the FM in their job?What are some advantages and potential challenges in using these templates?
arrow_forward
Which tool should be used to gather expert opinion regarding potential causes of a problem such as poor
attendance?
a. Force field analysis
b. Cause and effect diagram
c. Value stream map
d. Critical path method
e. a and d
arrow_forward
The new, consultative function of the MIS department centers on more efficient project management, technical training, and effective infrastructure planning.
Group of answer choices
True
False
arrow_forward
Must be 2000-2500 words
Case Study Question
The entire case study cannot be submitted, so I attached the title and the questions to be answered. However, how can I attach the entire thing?
The case study is based on an article about Pataka Tea Co., Ltd. (PT) - Reassessing the External Environment.
Assignment Questions
As of May 2018, what challenges had PT faced in recent years? Assess the factors in the internal and external environment that led to those challenges?
Analyze the industry competition conditions that PT faced. Identify the key external factors that affected PT’s strategic decision.
Develop a SWOT Analysis for PT to help King develop his strategy. Indicate how each of elements from the four (4)components from your SWOT, can be used to enhance PT’s competitive advantage. Each component of your SWO must have at least three (3) elements
If you were Phillip King, chairman of PT, what recommendations – at least four (4), would you make to improve company performance and…
arrow_forward
Which of the following helps you identify the root cause of 80% of the defectsin your project using the 80/20 rule?A. Scatter chartB. Pareto ChartC. Control chartD. Cause-and-effect diagram
As you complete each deliverable for your project, you check that it iscorrect along with your stakeholders and sponsors. Which process are youperforming?A. Scope DefinitionB. Scope verificationC. Activity DefinitionD. Scope Control
arrow_forward
I ONLY NEED HELP WITH PART. (D) Please and thank you.
You may need to use the appropriate technology to answer this question.
Due to population growth in the area, the new Liberty High School has just opened in a local school district. The athletic director at Liberty High is planning the launch of the school's track and field team. The first team practice is scheduled for April 1. The activities, their immediate predecessors, and the activity time estimates (in weeks) are listed in the following table.
Time (Weeks)
Activity
Description
ImmediatePredecessor
Optimistic
Most Probable
Pessimistic
A
Meet with board
1
1
2
B
Hire coaches
A
4
6
8
C
Conduct fundraiser
A
2
4
6
D
Announce program
B, C
1
2
3
E
Meet with coaches
B
2
3
4
F
Order team equipment
A
1
2
3
G
Register athletes
D
1
2
3
H
Reserve buses for meets
G
1
2
3
I
Plan first practice
E, H, F
1
1
1
(a)
Draw a project network.
A project network with 11 activities and 13 directed arcs is…
arrow_forward
1:Explain the forms of traditional paper user manuals.
2:Explain the importance of online documentation.
3:What is paper prototyping and how is it used?
4:What are the advantages and Disadvantages of it?
arrow_forward
You have been tasked to establish and implement an effective hearing conservation program for a manufacturing industry. Noise monitoring shows that the employees working in the production area has been exposed to 8-hour TWA noise exposures between 85.0 dBA and 90.0 dBA. REQUIREMENT/ASSIGNMENT QUESTION Based on the latest DOSH requirements, discuss the requirements for an effective hearing conservation program and steps to make the program as effective as possible. a) Your report should include the following: i.Executive summary ii.The objective and importance of conducting noise monitoring iii.Process description (Flow chart, diagram etc.) iv.Methods and measurements v.Results and discussion vi.Conclusions and recommendations to reduce the noise exposure in the company b) Each aspects must be discussed and supported with evidences (pictures, documents, flow charts, etc) from the selected company. c) Relevant regislations related to each aspect must be properly quoted and discussed. (…
arrow_forward
I HAVE COMPLETED SUB-PARTS 1-3 the answers are mentioned below but I need to finish
*SUBPART #4 (the question is listed in the image )
Huggies example link https://www.business2community.com/consumer-marketing/think-marketing-differently-huggies-example-0651549
1.) Purely consumer product which I am going to choose is Coffee. Coffee is a purely consumer product which we will sell in the markets in the form of coffee powder. This will directly rival the giant company's product already prevailing in the market. I have chosen Coffee as my product because this can be targeted as B2B product quite effectively as coffee and tea are always demanded in the office areas, restaurants, hotels etc. This will widen our business market reach and increase brand awareness. Another plus point behind choosing this product is that coffee has evergreen market which is not affected with seasonal variations.
Step 3
2.) Instead of offering one variant, we will be making our coffee available in…
arrow_forward
Eng!
y courses / Eng60/Eng1160(E)(Summer2021) / WEEK FOUR / The Midterm Exam 23, June Wedne
Explain the differences among the three terms: research design, research method, and research
methodology.
Instructions :
1. Type your answer in the space given below. The attached files are not allowed.
2. Use your own words ( do not copy and paste materials from any source).
3. Write your answer in a well-constructed paragraph between 50 to 70 words.
4. Pay attention to grammar, spelling, and punctuation issues in your writing.
B I
pe here to search
Do
IOI
6.
1.
8
近
arrow_forward
INSTRUCTIONS: Using the Venn diagram, state the differences and similarities between formal and informal reports.
arrow_forward
MEHOT
TRUCTIONS AND INFORMATION
SBA Task Preparatory Test 06 Sept
This assessment task consists of THREE sections.
Answer ALL QUESTIONS
Calculators may be used but you MUST show ALL calculations.
ON A
TION 1
Various possible options are provided as answers to the following questions
Choose the answer and write only the letter (A-D) next to the question number
(1.1.1-1.1.10) in the ANSWER BOOK
1.1.1
A type of a business where the entrepreneur provides skills to
customers is called
A trading
B
C
D
1.2
3
manufacturing
service
retail
business.
... is one of the techniques used to generate business ideas.
A Delegation
B
Observation
C Planning
D Organisation
A business that does not have daily temperature screeners and
sanitizers is dishonouring which legal requirement?
A Employment contracts
BUIF
C
PAYE
D Health and safety
The component of a business plan that outlines the amount of capital
needed to run the business is called...
A marketing plan.
B SWOT analysis.
C financial plan.
D…
arrow_forward
No 10
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education
Related Questions
- The Chief Information Officer (CIO) and the Managing Director (MD) of Illustrious Limited recently had the following conversation regarding the development of a new information system for the company:CIO: The way to go about the analysis is to first examine the old system, such as reviewing key documents and observing the workers performing their tasks. Then we can determine which aspects are working well and which should be preserved.MD: We have been through these types of projects before, and what always ends up happening is that we do not get the new system we are promised. Instead we get a modified version of the old system.CIO: I can assure you that will not happen this time. My team just want a thorough understanding of what is working well and what is not.MD: I would feel much more comfortable if we first started with a list of our requirements. We should spend more time in determining what exactly we want the system to do upfront. Then your team can come in and determine what…arrow_forwardThe Chief Information Officer (CIO) and the Managing Director (MD) of Illustrious Limited recently had the following conversation regarding the development of a new information system for the company: CIO: The way to go about the analysis is to first examine the old system, such as reviewing key documents and observing the workers performing their tasks. Then we can determine which aspects are working well and which should be preserved. MD: We have been through these types of projects before, and what always ends up happening is that we do not get the new system we are promised. Instead we get a modified version of the old system. CIO: I can assure you that will not happen this time. My team just want a thorough understanding of what is working well and what is not. MD: I would feel much more comfortable if we first started with a list of our requirements. We should spend more time in determining what exactly we want the system to do upfront. Then your team can come in and determine…arrow_forward1. You are to prepare an annotated bibliography consisting of three (3) academic journal articles, at least one (1) book and one (1) reference of your choice about a topic within your area of specialization. 2. Your annotations must be between 150 and 200 words. 3. Use APA 7th edition format. 4. Do not forget to attach the three journal articles when you submit your AT1. Example: Assessment Task 1: Annotated Bibliography Author's last name, First name initial. Middle initial. (Year of publication). Title of the article. Title of the Journal in Italics, volume number (Issue number), pages used. DOI number Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. Text more text text. 150-200 words Author's last name, First name initial. Middle initial.…arrow_forward
- The Chief Information Officer (CIO) and the Managing Director (MD) of Illustrious Limited recently hadthe following conversation regarding the development of a new information system for the company:CIO: The way to go about the analysis is to first examine the old system, such as reviewing keydocuments and observing the workers performing their tasks. Then we can determine which aspectsare working well and which should be preserved.MD: We have been through these types of projects before, and what always ends up happening is thatwe do not get the new system we are promised. Instead we get a modified version of the old system.CIO: I can assure you that will not happen this time. My team just want a thorough understanding ofwhat is working well and what is not.MD: I would feel much more comfortable if we first started with a list of our requirements. We shouldspend more time in determining what exactly we want the system to do upfront. Then your team cancome in and determine what portions…arrow_forwardwrite a Individual Article Critique Report by following given instruction This document should be read in conjunction with the TMGT603 Unit Outline Please ensure that you carefully follow the detailed instructions that appear below: Critique Instructions 1. Prepare a critique of the ChatGPT critique in which you must detail what the gaps are in the latter. The article being the subject of the ChatGPT critique is the article appearing as Readings in Week 3, entitled: Joullié, J. E Gould, A. M., Spillane, R & Luc, S. (2021). The language of power and authority in leadership. The Leadership Quarterly, 32(4), 1 - 12 2. Your critique must include at least 3 additional resources to support arguments that you present in support of your critique. Your references must be included as in- text references throughout you report. 3. Your critique must have a minimum word count of 1000 words and a maximum allowable word count of 1300 words. This does NOT include references. 4. Refer to the Marking…arrow_forward4a) Total quality management is a top-down program True/ False 4b) The qualifications of a competent project manager are: technical expertise, related project experience, business capability, leadership ability, people skills and appropriate educational degree. True/ False 4c) A good method to ensure client satisfaction is to develop criteria and a related measurement program and periodic report that show the contractor's performance against the criteria. True/ False 4d) Some of the elements for an effective team-building program are: project commitment, cost and schedule consciousness, and working togetherness True/ False Make sure you solve all question, I need only answers. If you are going to solve please left this question. I need all answers.... **arrow_forward
- This subject is Business enterprise simulation. Can you give a title and please answer the rest in the picturearrow_forward1) Briefly discuss the elements of a process map ? 2) Briefly discuss the elements of a successful business plan presentation ? 3) Briefly discuss why a full set of pro forma financial statements is not needed at the feasibility analysis stage ?arrow_forwardAn eager business analyst is excited about his first opportunity to serve as the lead requirements engineer for the Global Real-Time Insurance Measurement (GRIM) project for Reapers Inc. In his desire to make a good impression the analyst completed his own research by examining GRIM Reapers procedure manuals, and workflow documents. He also examined both receipt and invoice documents to get an idea of the data fields. Finally, he even created a data dictionary and glossary of business terms. At the start of the blastoff meeting, the analyst came fully prepared with suggestions on how to make improvements to the organization. Comment on the strengths and weaknesses (if any) of the analyst's approach and make any suggestions on what you would have done differently.arrow_forward
- Evaluate the ways in which time and quality can affect the cost of a projectarrow_forwardPlease make a Gantt chart of this picture below and take screenshots of the Gantt chartarrow_forwardLet’s assume you are the new full time manager that the school has hired to take over running the wellness center and create 2 new programs to bring in more students/faculty to use the facilities. You need to create a proposal to give to the school on ways to improve the wellness center. What equipment is necessary to add to the wellness center? (AED, CPR certification for all employees?) What else would you want to add to the wellness center? How much would they cost? Please list out the costs ( ex: 3 treadmills: $ 3000/treadmill = $9000, Fresh towels: 25 towels at $3/each = $75) Use your imagination here. What would make the wellness center inviting? New Tvs? Towels? Better equipment? Music system? Outdoor classes that need equipment? You have to use the space you have but be creative! You have $25,000 ! Spend it! You will need to search for this information online. Please be sure to include references from where you found your costs. New Proposed Equipment: Item…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
- International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education