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BSB61015 Advanced Diploma of Leadership andManagementBSBFIM601 Manage FinancesLEARNER’S GUIDEMode | Classroom DeliveryBSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Page 2 of 32BSBFIM601 Manage FinancesSupporting: BSB61015 Advanced Diploma of Leadership and Management; May also support other qualifications based on respective packaging rules© Skillworks Australia Pty Ltd, 2018Copyright:Provided under license from Skillworks Australia Pty Ltd. All rights reserved.This document and its contents are protected by Australian and International copyright laws. No part of this document may bereproduced or transmitted in any form or by any means, electronically or mechanically, including photography, scanning, recording orany information storage or retrieval system, without permission in writing from the copyright owner. Information and/or resources usedfrom the Commonwealth, government agencies, training.gov.au, public domain information, or any other external sources do notconstitute copyright and remain the property of the original authors/agencies.All the websites and external resources mentioned in this publication, including any information linked to or referred to public domaininformation, are copyrighted to their respective owners. Web links are used as examples for reference purpose only and may havechanged since publication of this resource. Skillworks Australia Pty Ltd or the author do not claim endorse the views expressed by them.Skillworks Australia Pty LtdACN: 153 650 894BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Page 3 of 32Validation History Date &PlaceValidation TeamSummary OutcomesActionResponsibility A complete validation report is filed and available for reference.Version History DateVersionChanges in this VersionImplementedonAuthority BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Page 4 of 32Table of Contents1. Introduction ………………………………………………………………………………………………………………………………………….. 52. Unit Overview ……………………………………………………………………………………………………………………………………….. 53. Competency Standards……………………………………………………………………………………………………………………….. 6AQF Descriptor ……………………………………………………………………………………………………………………………………… 64. Delivery Plan …………………………………………………………………………………………………………………………………………. 9Delivery Arrangement ………………………………………………………………………………………………………………………….. 9Delivery Conditions ………………………………………………………………………………………………………………………………. 9Lesson Topics and Plan…………………………………………………………………………………………………………………………. 95. Assessment Plan ………………………………………………………………………………………………………………………………….. 17Assessment Method ……………………………………………………………………………………………………………………………. 17Submission of Work ……………………………………………………………………………………………………………………………… 18Assessment Tasks and Schedule …………………………………………………………………………………………………………. 196. Assessment Tasks …………………………………………………………………………………………………………………………………. 20Assessment Task 1: ………………………………………………………………………………………………………………………………. 20Assessment Task 2: ………………………………………………………………………………………………………………………………. 22Assessment Task 3: ………………………………………………………………………………………………………………………………. 25Assessment Task 4: ………………………………………………………………………………………………………………………………. 277. Academic Policies and Processes ………………………………………………………………………………………………………. 30Assignment Cover Sheet ………………………………………………………………………………………………………………………… 32BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Page 5 of 32 Unit of CompetencyTotal Delivery Hours: BSBFIM601 Manage Finances: TBAScheduleCluster/Term: TBA: TBA 1. IntroductionWelcome to the learner’s guide for this unit of competency for the qualification BSB61015 Advanced Diplomaof Leadership and Management. This guide provides you with essential information on competency standards,delivery plan and schedule, assessment plan, assessment tasks and learning resources for this unit ofcompetency.The purpose of this learner’s guide is to: Provide you with information on delivery schedule and plan of this unitEnsure the you understand how students will be assessed in this unitProvide information on assessment methods, strategies, and evidence requirementsProvide information on learning activities and assessment tasksList resources which may assist in student learning and assessment tasks This unit also incorporates Foundation Skills that are embedded within the competency elements.2. Unit OverviewThis unit describes the skills and knowledge required to undertake budgeting, financial forecasting andreporting and to allocate and manage resources to achieve the required outputs for the business unit. Itincludes contributing to financial bids and estimates, allocating funds, managing budgets and reporting onfinancial activity.It applies to individuals who have managerial responsibilities which include overseeing the management offinancial and other resources across a business unit, a series of business units or teams, or an organisation. Itcovers all areas of broad financial management. In a larger organisation this work would be supported byspecialists in financial management.Learning OutcomesOn successful completion of this unit, the learner/trainee will be able to; Plan for financial managementEstablish budgets and allocate fundsImplement budgetsReport on finances As well as demonstrating the performance criteria, to be assessed as competent, the learner mustdemonstrate their ability to apply the required knowledge and skills in a range of situations. These aresummarised in the Competency Standards section below.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Page 6 of 32Prerequisite RequirementsThis unit does not have a pre‐requisite.Skill Recognition and Credit TransferAppropriate credit(s) may be granted to eligible students against each unit of competency on presentation ofevidence of successful completion of the same unit in an equivalent or higher qualification. Under theAustralian Qualifications Framework, this qualification recognises competencies achieved as part of aNationally Recognised Qualification from other institutes or universities.Students may also apply for Recognition of Prior Learning (RPL) by providing evidence that they have therequired skills and knowledge in the specific areas of competency through work/industry experience and/orcompleted eligible assessments in equivalent or higher qualification.Please refer to college’s RPL/Credit Transfer Policy for more information and applicable procedures. The policyis available either through the faculty coordinator or college’s website.3. Competency StandardsThis unit is derived from the Business Service training package BSB for the qualification BSB61015 AdvancedDiploma of Leadership and Management.Competency standards for this unit are made up of unit descriptor (As provided in the Unit Overview),performance criteria, required skills, required knowledge, embedded employability skills components,assessment requirements and evidence guide.They can also be viewed at:View UnitThe learners must familiarise themselves with all the competency requirements for this unit of competencyand ensure that they have received all the relevant information and support from the trainer and assessor thatmight be detrimental to their academic performance and outcomes.AQF DescriptorThe Advanced Diploma qualifies individuals who apply specialised knowledge in a range of contexts toundertake advanced skilled or paraprofessional work and as a pathway for further learning. Graduates of aAdvanced Diploma will have specialised and integrated technical and theoretical knowledge with depth withinone or more fields of work and learning.Graduates at this level will have a broad range of cognitive, technical and communication skills to select andapply methods and technologies to: Analyse information to complete a range of activitiesInterpret and transmit solutions to unpredictable and sometimes complex problemsTransmit information and skills to others Graduates at this level will apply knowledge and skills to demonstrate autonomy, judgement and definedresponsibility in contexts that are subject to change and within broad parameters to provide specialist adviceand functions.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Page 7 of 32Performance CriteriaThe following performance criteria specify the required level of performance for each of the elements ofcompetency: ElementPerformance Criteria1. Plan for financial management1.1 Review and analyse previous financial data to establish areaswhich have generated a profit or loss1.2 Undertake research to review reasons for previous profit andloss1.3 Review business plan to establish critical dates and initiativesthat will require or generate resources in the next financial cycle1.4 Analyse cash flow trends1.5 Review statutory requirements for compliance and liabilitiesfor tax1.6 Review existing software and its suitability for financialmanagement2. Establish budgets and allocatefunds2.1 Use previous financial data to determine allocations forresources2.2 Make informed estimates of new items for inclusion inbudget2.3 Prepare budgets in accordance with organisationalrequirements and statutory requirements3. Implement budgets3.1 Circulate budgets and ensure managers and supervisors areclear about budgets, reporting requirements and financialdelegations3.2 Manage risks by checking there are no opportunities formisappropriation of funds and that systems are in place toproperly record all financial transactions3.3 Review profit and loss statements, cash flows and ageingsummaries3.4 Revise budgets, as required, to deal with contingencies3.5 Maintain audit trails to ensure accurate tracking and toidentify discrepancies between agreed and actual allocations3.6 Ensure compliance with due diligence4. Report on finances4.1 Ensure structure and format of reports are clear andconform to organisational and statutory requirements4.2 Identify and prioritise significant issues in statements,including comparative financial performances for review anddecision making4.3 Prepare recommendations to ensure financial viability of theorganisation4.4 Evaluate the effectiveness of financial managementprocesses Performance EvidenceBSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Page 8 of 32Evidence of the ability to: Plan for financial managementRead and review profit and loss statements, cash flows and aging summariesPrepare, implement and revise a budget which aligns with the business plan, is based on research andanalysis of previous financial data and cash flow trends, and meets all compliance requirementsContribute to financial bids and estimatesEstablish a budget and allocate funds in accordance with statutory and organisational requirementsCommunicate with other people including:o Reporting on financial activity and making recommendations o Identifying and prioritising significant issueso Ensuring managers and supervisors are clear about budgets. Analyse the effectiveness of existing financial management approaches including reviewing financialmanagement software, managing risks of misappropriation of funds, ensuring systems are in place torecord all transactions, maintaining an audit trail and complying with due diligence.Knowledge EvidenceThe following knowledge must be assessed as part of this unit: Identify the requirements for financial probityDescribe the principles of accounting and financial systemsExplain Australian, international and local legislation and conventions that are relevant to financialmanagement in the organisationOutline the requirements of the Australian tax office, including goods and services tax, company tax,pay as you go. BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Page 9 of 324. Delivery PlanDelivery is in the form of instructor‐led, classroom‐based training sessions supported by simulated learningand/or project sessions. Within the class room environment, delivery is supported by classroom‐basedactivities, tasks, lectures and structured lessons. Strategies for classroom‐based learning focus on developmentof skills and underpinning knowledge through practice, formative tasks, interaction, discussion, reading,feedback, and practical examples of the theory.Delivery ArrangementThe unit will be delivered over a prescribed period (term/semester) in a class‐room training environmentthrough a structured learning program comprising of (but not limited to) lectures, presentations, case studies,practical projects, group discussion and class‐room based activities. Delivery schedule of this unit ofcompetency is provided at the beginning of this guide. Timetables will be advised at the beginning of eachacademic term and posted on the notice board and college’s website.It is expected that training/learning sessions will incorporate group/collaborative activities and tasks that arerelevant to the learning and evidence outcomes in this unit. The emphasis of learning, where possible, will beon linking theoretical concepts and models with real‐life situations to provide the learners with an opportunityto gain an insight into key technological processes, professional environment and workplace practices.Delivery Conditions Learners are required to attend the prescribed delivery sessions, in particular where assessment plan,schedule, projects, and in‐class activities and tasks are plannedOn commencement, the learners should review and understand all the course related informationincluding course structure, prerequisites and competency requirements for each unit of competencyThis unit of competency must be completed within the prescribed duration at the beginning of thisdocument. Due dates for the assessments will be set by respective assessors on commencement ofthe unit and must be adhered to by all the learnersThe learners have the responsibility to maintain the required attendance and participate in all the in‐class activities and assessment/project tasks to be able to develop the required skills and knowledge.The learners must keep record of their activities, assessments and research and take an activeinterest in exploring new concepts and ideasOn expiry of the prescribed due dates for assessment, the learners will not be able to attempt any assessments or the learning materials and must apply for a course extension. Learners should alsorefer to other prevailing terms and conditions of delivery and assessment of this course and contactthe administration for further information if required.Lesson Topics and PlanThe following lesson plans are planned for this unit. According to session times, trainers may expand theselesson plans into their own session plans. Trainers must take a special note of the activities planned in theright‐hand column. These activities form part of “Formative Assessments”. The formative assessments are notmarked (assessed) but they contribute towards learning that prepares them for summative tasks.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Page 10 of 32The following topics are covered in the classroom training sessions. The topics for this unit include; LessonTopicsActivities1Unit overviewAssessment informationKey terms and definitionsBudgeting and forecasting conceptsBudgeting objectivesStakeholders in budgeting processPrinciples of double‐entry bookkeepingUnderstanding organisational and policy requirementsReview of sample budgets and forecastsDo you make your budgets?Prepare a weekly budget andcompare with your friends.Research: Principles andpractices of budgetarycontrol and corporategovernance2‐4Budgeting and forecasting in business plans: ProcessObjective of budgets and forecastsMaster budget and future planningPurpose of budgetsStatic and flexible budgetingZero based budgetsTypes of budgets:WholesalerService providerManufacturerFactors affecting budgetsBudget variance: Causes, analysis, techniquesAnalysis of different types of budgetsCompare different types ofbudgets and discuss in yourgroupConduct a budget variancefrom sample dataActivity: Develop KPIs forbudget performance for abusiness of your choice5‐7Financial forecasts and estimatesFinancial ratios and analysis of financial healthManaging cash flowCash Flow forecastsProfit and Loss forecastsBalance sheet forecastsAssumptions and parametersFixed costsVariable business costsSales records and projectionsAnalysis of real‐life forecastsPrepare a cash flow forecastfor yourself for the nextfinancial year. Compare yourresults with your classmatesActivity: Compare andanalyse two forecastingtechniques8Financial risks and contingenciesStrategies to minimise risksMonitoring financial performanceMilestones and performance indicatorsPrinciples of budgetary controlPrinciples of statistical analysis and measures of varianceStatistical exercisesDiscussion: Budgetmonitoring: Prepare achecklist and compare in yourgroup9Organisational procedures and policiesPrinciples and practices of accrual accountingReview: Sample policy docs BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Page 11 of 32 Ethical considerations for budgetary forecasting and projections: Strength ofassumptions, forecast reliabilitiesPrinciples of corporate governanceDiscuss some of thecorporate collapses cases dueto unethical accountingpractices10Revision and reviewStudent questions and answersAssessment feedback andfollow up PRESCRIBED TEXTAnandarajah A., Aseervatham A., and Reid H., 2008, Manage Budgets and Financial Plans: Managing Finance,Pearsonhttp://www.pearson.com.au/9781442502680Suggested Learner Resources & ReadingsHart J., Wilson C., and Fergus C., 2012, Management Accounting: Principles and Applications, Pearsonhttp://www.pearson.com.au/9781442549074Weygandt J. J., Kimmel P. D., Kieso D. E., 2007, Managerial Accounting: Tools for Business Decision Making (4thEd.), WileyFinancial Accountability Handbookhttp://www.treasury.qld.gov.au/office/knowledge/docs/financial‐accountability‐handbook/3‐13‐performance‐management‐systems.pdfMarley S., Pedersen J., 2009, Accounting for Business: An Introduction (2nd Ed.), PearsonThe Australian Accounting Standards Board: AASB 101http://www.aasb.gov.au/admin/file/content105/c9/AASB101_09‐07_COMPmay11_07‐11.pdfMisc. Videos and Online Channels Khan Academy Channelhttps://www.youtube.com/user/khanacademy#Educationhttps://www.youtube.com/channel/UC3yA8nDwraeOfnYfBWun83gTED Talkshttps://www.youtube.com/user/TEDtalksDirector/channelsMassachusetts Institute ofTechnology Channelhttps://www.youtube.com/user/MITGoogle for Educationhttps://www.youtube.com/user/eduatgoogle Referencing GuideHarvard Referencing Generator:http://www.harvardgenerator.com/http://www.citethisforme.com/au/referencing‐generator/harvardBSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Lecture/Class 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BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Lecture/Class 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BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Lecture/Class 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BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Lecture/Class 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BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Lecture/Class 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BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 20195. Assessment PlanAssessments for this unit have been developed by taking into account assessment guidelines as provided in thetraining package and evidence requirements stipulated in this unit of competency. Assessment is an ongoingprocess of gathering evidence to determine what each student/learner knows, understands and can do inorder to inform teaching and support learning of the intended curriculum.The purposes of this assessment are; To collect evidences that demonstrate competency in the performance criteria of the unit and satisfyskill, knowledge and employability skills requirementsTo provide feedback to the learners/trainees indicating the areas of improvement and professionaldevelopmentTo measure the effectiveness of the delivery plan and evaluate the learning outcomes The required assessment criteria are provided in each assessment task for learner’s information.Assessment MethodAssessment in this unit is based on assessment and evidence guidelines provided in the unit of competencyand the training package. The evidence is generated through summative assessment tasks. However, the roleof Formative Tasks is crucial in developing the required skills and knowledge in completing the summativetasks. Formative tasks enable the trainers to evaluate their own delivery and adjust their facilitation based onthe outcomes from these tasks. The role of formative assessments is to improve learning and adapt to studentneeds.These tasks and activities usually take place throughout the unit and planned in accordance with thesummative assessment plan/schedule. The formative tasks are generally referred to as “Portfolio” tasks.Portfolio is a collection of all the formative tasks completed during the learning sessions. The portfolio can beused by students as an evidence of participation or example of work completed as part of their learning.Formative tasks are not assessed.For summative tasks, the following assessment methods are available to collect the aforementioned evidenceto demonstrate satisfactory performance in this unit; Written Assessment TasksPractical/Analytical TasksTest/ExaminationsProjectsObservationIntegrated Assessment The Written Assessment Tasks and Tests have been developed to address various parts of PerformanceCriteria as well as Required Knowledge.The Practical Tasks are developed to demonstrate competence in Required Skills. These assessment tasks andactivities are mostly designed as in‐class assessments, enabling the trainers to observe the work beingundertaken and completed (i.e. demonstration of a specific/required skill). Practical tasks may also include useof online learning tools, equipment, activities, or use of software. Instructions for practical tasks are generallyBSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019provided within the task description. However, trainers/assessor may set certain conditions for conducting andobserving these tasks.The Project (Individual or Group based) addresses various aspects of competency standard includingPerformance Criteria, Required Skills and Employability Skills. The role of the project in assessment strategy isto measure student/trainee competence as a form of Summative Assessment. It demonstrates the efficacy ofinstructions and learning in the prescribed delivery period by assessing the overall performance of thestudents/trainees for the purpose of grading/final results.The Test/Exam is generally designed to test the Required Knowledge component of the unit of competency. Itmay also be used to reinforce learning and test specific aspects of other part of competency where knowledgeof certain processes/procedures is required. A knowledge test may be verbal or written as specified in the taskdescription. Examinations are conducted under set conditions.Observation forms part of in‐class activities, participation in designated group processes, presentation andprovides an option where specific skills need to be demonstrated to the assessor.Some of the assessments in this course may be used as Integrated Assessments; i.e. to use evidence created inone unit/task to determine competency in another unit/task. The concept behind the design of the integratedassessment is to limit repetitive tasks that test the same or similar competency elements in different units ofcompetency.Optional/Supplementary AssessmentsIn addition to the above assessment instruments, the following methods can be used, if required, in thecontext of assessment for this unit of competence, especially in the circumstances where assessment involvedcomponents of online learning as well as actual workplace activities and/or performance. Workplace Verification through RPL applicationCompetency Conversation at completion of the unit To successfully complete this unit, learners must demonstrate that they have the skills and knowledge neededas indicated in the Competency Standards (2).Assessment can be both a formative and summative process. Formative assessment is used to providefeedback to students and teachers to promote further learning. Summative assessment contributes to thejudgement of student learning for competency/award purposes.Submission of WorkAll the written works must be submitted in a hard copy, and an additional soft/electronic copy if required bythe trainer/assessor, with an accompanying “Assessment Cover Sheet”. Each Assessment Cover Sheet shouldbe signed by the student and must contain student details and date of submission. Assessment Cover Sheetsare available at the reception.Material submitted for assessment—Word processed or handwritten assignments, reports, essays, projects,etc. must contain student’s name, ID (if available), address and contact details. Within the context of theseassessment tasks, the assessor fulfils the role of client, manager or supervisor, as applicable. Work submittedfor “approval” within this context must demonstrate care and attention to detail, such that the studentinspires confidence that the work is being undertaken competently.Where soft copy/electronic files are submitted, students are encouraged to name the files according toestablished procedure. This would typically include a course or unit code, assessment or submission code, andBSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019in the case of multiple files an alphanumeric identifier. Multiple files may also be required to be submittedwithin an enclosing folder (with similar, appropriate naming conventions) or archive format—e.g. zip or rar.Follow submission guidelines in each assessment task for specific instructions.Assessment Tasks and ScheduleThe following assessments are planned for this unit; #Assessment Task/ActivityTypeAssessment Method1Analyse Financial Statements and PlansIndividualWritten & Practical2Prepare a Cost of Goods Sold BudgetIndividualWritten & Practical3Prepare a Sales BudgetIndividualWritten & Practical4Prepare and Report a Master Operating BudgetIndividualWritten & Practical These assessment tasks/activities have been described in detail in the following section.Task schedule to be advised by trainer/assessor based on the lesson and session plans.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 20196. Assessment TasksAssessment Task 1: Assessment TaskAnalyse Financial Statements and PlansScheduleTBAOutcomes AssessedPerformance Criteria:1.1, 1.2, 1.3, 1.4, 1.5, 3.3, 3.4Addresses some elements of required skills and knowledgeas shown in the Assessment Matrix Description:Financial statements are reports or records that provide an overview of an organisation’s financial position.There are four basic types of financial statements: balance sheets, income statements, cash‐flow statements,and statements of retained earnings.Analyse of financial statements can involve a range of factors depending on business structure, type ofbusiness, business situation, and reporting requirement. For the purpose of this assessment task, you will berequired to analyse the given sample balance sheet and profit and loss statements. As they are sampledocument, you may develop you own business/organisational context in your analysis. As an option, thesestatements can be analysed within the context of client needs analysis conducted in Assessment Task 1,assuming that the client has provided you with these statements as part of the discussion they had with you.However, it does not have to link to Assessment Task 1 (as the client needs will differ from client to client) andcan be completed as a separate assessment on its own.Assume that a client has asked you to analyse their financial statements and prepare a brief report on thefinancial potential of the business. The need for financial analysis is arisen due to business’s/organisation’sdecision to take over a small competitor in their field (you may assume the cost). The organisation wishes todetermine its future funding requirements and statutory obligations (if any) based on the analysis. Yourtrainer/assessor will play the role of a manager or a supervisor for this task.You will be provided with a sample business plan/annual report and financial data for this task.Using the given sample balance sheet and profit and loss statements; Check that the statements are in the right format and contain appropriate information for youranalysis according to prevailing legislative requirementsConfirm with your management and/or supervisor that the data is reliable and accurateCalculate;o Liquidity Analysis Ratios o Asset Turnover Ratioso Leverage Ratioso Operating Performance/Profitability Analysis Ratios Write a brief report explaining the outcome/impact of respective ratio analyses resultsBased on the analyses, assess the financial potential of the business, its future funding requirementsand statutory obligations (if any) BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Analyses should be presented as a formal document, in form of a report to a client. Conceive (if not relevant toAssessment Task 1) a brief business background (1‐2 paragraphs) to develop a context for the analyses. Youshould get an idea about the business to some extent from the financial statements.Assessment CriteriaThe following assessment criteria will be used for marking this assessment task. Ensure that you haveaddressed all of the criteria in your work. Developed/conceived an appropriate organisational or business context based on client discussion orreview of financial statementsChecked the financial statements for compliance with financial reporting requirements (withreference to relevant legislations) based on the type of entityConsulted with manager/supervisor to ascertain validity and reliability of the dataAccurately calculated Current RatioAccurately calculated Quick RatioAccurately calculated Net Working Capital RatioAccurately calculated Receivables TurnoverAccurately calculated Inventory TurnoverAccurately calculated Debt RatioAccurately calculated Debt‐to‐Equity RatioAccurately calculated Gross Margin, Operating Margin, and Net MarginAccurately calculated Return on Assets (ROA)Accurately calculated Return on Equity (ROE)Evaluated business’s financial performance in respective areas based on ratio analysisDetermined business’s financial potential and highlighted problem/low performance areasDetermined business’s future funding requirements for its stated objectiveDetermined business’s legal and statutory obligations for its proposed acquisition relevant to itsassumed industry and business activitiesFinancial analysis is conducted in a formal manner with report presented in line with commonpractices (sample reports)Submission GuidelinesSubmit:Written analysis report with all the required details in a hard copyCopies of legislations, guidelines or other reference documents Electronic versions of the assessment task and email/electronic submission arrangements are at furtherdiscretion of the trainer/assessor.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Assessment Task 2: Assessment TaskPrepare a Cost of Goods Sold BudgetScheduleTBAOutcomes AssessedPerformance Criteria:2.1, 2.2, 2.3Addresses some elements of required skills and knowledgeas shown in the Assessment Matrix Description:For a company selling a physical product, the cost of goods sold (also called COGS, Cost of finished products orcost of sales) forecast answers the question of how much it will cost to produce or stock the product(s). TheCOGS forecast relate to the sales forecast as more stock or components are needed to be purchased if moreitems are expected to be sold.A Cost of Goods Sold forecast also contributes towards preparing an operational budget. It is essential that youfamiliarise yourself with key budgeting and accounting principles prior to undertaking this task. This taskshould be completed in conjunctions with learning sessions and students must ensure that they attend all thesessions to develop the basic understanding of key concepts and theories.For this task, your trainer/assessor will play the role of Company’s Finance and Accounting Manager forconsultation and necessary inputs. Your responsibility will be to maintain a positive and proactivecommunication with your manager.Background:Hardwood Products is a producer of quality hard wood furniture and manufactures two different types oftimber product, Dining Tables and Buffets and uses three raw materials, Ash, Redwood, and pine 2‐packs. Thecompany has a strong finance and accounting focus and prepares various budgets before the start of eachfinancial year. Budgets are monitored against actual data during the operating periods and the companyproduces the required stocks based on sales forecasts for each period. The following actual and forecast saleshave been provided by the company’s marketing manager; Sales Forecast: Hardwood ProductsPeriodDining TablesBuffetsActualApril20100May20100June20100ForecastJuly20100August30150September25120October40160 The following budget information is provided by the company;BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019 Dining Tables sell for $9,000 each and the Buffets sell for $4,250 eachThe company plans to have 60% of the stock needed for the anticipated sales of each product in thenext month available as closing stock at the end of the previous monthOpening July inventory of finished goods will be:o Dining Tables: 12 @$2500 o Buffets: 60 @ $1200 Closing Sept inventory of finished goods is estimated to be:o Dining Tables: 24 @$2465 o Buffets: 96 @ $1169 Average cost is used to find the values of closing inventoryRaw materials usage is as follows:Cost of Ash is $150 a metre, cost of Redwood is $60 a metre and cost of pine pack is $30 per packWhen assigning the materials cost to the cost of production for the two products, the total cost ofPine 2‐pack is shared equally between the products each monthThe company does not have much factory floor space so raw materials are purchased when they arerequired with only 3% of next month’s usage being held in stock at the end of the previous monthOpening July raw materials inventory will be:o Ash: 6 m @ $150/m o Redwood: 24 m @ $60/mo Pine 2‐pack: 8 packs @ $30/pack Estimated closing September raw materials inventory is expected to be:o Ash: 12 m @ $150/mo Redwood: 40 m @ $60/mo Pine 2‐pack: 12 packs @ $30/pack Production of products involves two stages – Processing and Finishing.Direct labour and factory overhead costs are provided in a separate Excel spreadsheet [HardwoodProduct_Budget Info.xls]Using the information provided, prepare a Cost of Goods Sold forecast for the period July to September usingan appropriate forecast template consistent with common forecasting practices. You may use one of thetemplates provided by your trainer/assessor or one from external sources. Ensure that you cite all externalsources using the Harvard Referencing System to avoid the risk of plagiarism. You will be required to preparetwo simple budgets from the information provided; Cost of Production BudgetCost of Goods Sold BudgetAssessment CriteriaThe following assessment criteria will be used for marking this assessment task. Ensure that you haveaddressed all of the criteria in your work;Prepared a Cost of Production budget The Cost of Production budget is accurate and balancedThe Cost of Production budget is consistent with the sales forecastThe Cost of Production shows prime costs and the total cost of production for each productDirect material, direct labour and manufacturing overheads are consistent with the data provided forthe taskCalculations are accurate and show monthly total cost of production BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019 Budget format and layout are clear, consistent and distinguishablePrepared a Cost of Finished Goods budget that is accurate and balancedThe Cost of Finished Goods budget is consistent with the sales forecast and other production costdata providedData sheet uses formulas to perform basic calculationsBudget includes all the required sections and information and used an appropriate format for budgetreportingDemonstrated an ability to prepare a simple budget from the given data of a an accounting periodThe budget is consistent with accounting principle and practicesTotal cost of goods sold is accurately calculated for each of the months in the given period Submission GuidelinesSubmit: Cost of Production BudgetCost of Goods Sold Budget This assessment task must be completed in a designated session in presence of a trainer/assessor.Electronic versions of the assessment task and email/electronic submission arrangements are at furtherdiscretion of the trainer/assessor.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Assessment Task 3: Assessment TaskPrepare a Sales BudgetScheduleTBAOutcomes AssessedPerformance Criteria:2.1, 2.2, 2.3Addresses some elements of required skills and knowledgeas shown in the Assessment Matrix Description:This assessment task uses the data sets provided and created in Assessment Task1. The example and contextof the company Hardwood Product will also be used in this assessment task.The sales budget is the first key component of the master operating budget. It is a detailed schedule showingthe expected sales for the budget period. Typically, it is expressed in both dollars and units of production. InAssessment Task1, you used a sales forecast to determine the Cost of Goods Sold. In this assessment task, youwill prepare a Sales Budget using a sales margin method. Your sales budget must include unit sales budget andBudgeted unit sales value.Your trainer/assessor will play the role of Company’s Sales Manager for consultation and necessary inputs.Your responsibility will be to maintain a positive and proactive communication with your manager.In order to determine the selling price, you will need to use a mark‐up of 40% over Cost of Goods Sold (Usedata from Assessment Task1).Prepare a sales budget for Hardwood Products for a period of July to September based on the sales forecastprovided in the previous assessment task. You may use one of the templates provided by your trainer/assessoror one from external sources. Ensure that you cite all external sources using the Harvard Referencing Systemto avoid the risk of plagiarism.Your Sales Budget must also show receipts from the sales based on the following policies; Cash sales 80% in month of saleCredit sales 15% with cash received in the month after saleCredit sales 5% with cash received in the second month after sale Further, A 2% discount is allowed to debtors paying in the month after sale to encourage them to paypromptly. Opening balance of account receivable in July is $12,1000 of which $10,000 was from the salesmade in June and $2,100 was from the sales made in May.Show how much cash the company can expect from sale of both the products for each of the months withinthe given period of July to September and position of debtors as at 30 September 20XX.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Assessment CriteriaThe following assessment criteria will be used for marking this assessment task. Ensure that you haveaddressed all of the criteria in your work; Sales budget is prepared using an appropriate format for budget reportingA mark‐up of 40% is used over the COGS to determine the selling priceSale budget provides a unit forecast for a period of January to SeptemberSale budget provides a budgeted sales value for a period of January to SeptemberCalculations are accurate and show monthly total cost of productionBudget format and layout are clear, consistent and distinguishablePrepared a schedule for receipt from debtors based on company’s credit policyPrevious quarter balances are accounted for in the scheduleReceipts are calculated and shown accurately in each month against total sales for both the productsCalculated total debtors as of 30 September 20XXSubmission GuidelinesSubmit:Sales Budget  The budget is accurate and balance The budget contains all the required information for each of the products to be soldThis assessment task must be completed in a designated session in presence of a trainer/assessor.Electronic versions of the assessment task and email/electronic submission arrangements are at furtherdiscretion of the trainer/assessor.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Assessment Task 4: Assessment TaskPrepare and Report a Master Operating BudgetScheduleTBAOutcomes AssessedPerformance Criteria:3.1, 3.2, 3.3, 3.4, 3.5, 3.6, 4.1, 4.2, 4.3, 4.4Addresses some elements of required skills and knowledgeas shown in the Assessment Matrix Description:The operating budget is the profit plan for the business for the next financial year. The operating budget mayinclude a range of budgets such as R&D, sales, production, purchases, HR, Finance and Administration, andbudgeted income statement.In large businesses, these budgets would most probably be prepared on a departmental basis; i.e. there wouldbe separate budgets for respective departments. However, in case of a small business, all of the above budgetsmay be combined into one.This assessment task uses the data sets provided and created in Assessment Task1 and Assessment Task2. Theexample and context of the company Hardwood Product will also be used in this assessment task. In thisassessment task, you will be required to prepare a Master Operating Budget for Hardwood Products thatincludes; Sales budgetCost of Goods Sold BudgetBudgeted operating expensesBudgeted profit or loss You have already completed two of the budgets, Sales Budget and the Cost of Goods Sold Budget in previousassessment task.First prepare Hardwood Products Operating Expenses Budget for the period July‐September based on thefollowing information;Fixed Costs per month are as follows;Selling Depreciation on sales truckTelephone (Sales dept.)Salaries (Sales dept.)Administration$330$120$2,500Depreciation on office equipInsurance (Office)Salaries (Office)Telephone (Office)$150$80$2,500$30 Variable Costs per month are as follows;SellingBSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019 AdvertisingTelephoneWages$100$500$1000AdministrationTelephone$325 Historically, the variable cost rises by 20% in August and 25% in September compared to July each year. Youmay use these criteria to calculate variable costs for the period.You will also need to account for the following additional information;A 2% discount is allowed to debtors paying in the month after sale to encourage them to pay promptly. Ofthose debtors who pay in the second month after sale, 1% have traditionally been bad debts.Your Operating Expenses Budget must account for discount given, discount received and bad debts.Master Operating Budget:Accordingly, prepare a Master Operating Budget that combines all of the budgets and the budgeted profit orloss for the WHOLE FINANCIAL YEAR – July 20XX to June 20XY based on the following assumptions; Sales are likely to increase by 10% in quarter 1, 12% in quarter 3 and 16% quarter 4 (over quarter 1)Raw material costs are going to be increased by 8% across all raw materials each quarterDirect labour costs will remain constant throughout the yearFactory overheads are likely to increase by 20% each quarterDiscount levels will remain constant throughout the year Mark key milestones and/or performance indicators in the master budget.You may use one of the templates provided by your trainer/assessor or one from external sources. Ensure thatyou cite all external sources using the Harvard Referencing System to avoid the risk of plagiarism.Income Statement:Prepare a budgeted income or profit/loss statement based on all other operating budgets as part of theMaster Operating budget.Report:Write a brief report on the budget explaining; Budget objectives; i.e. what would Hardwood Products expect to achieve by preparing a MasterOperating BudgetBudget ComponentsAssumptions used in various budgetsHow this budget will be communicated within the companyKey milestones and performance indicatorsHow will budget be monitoredHow will budget variances be analysed Report should word‐process and written in a formal style appropriate for a business/corporate presentation.Report should be brief and not exceed a total of four (4) A4 single‐sided sheets with single spacing.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Assessment CriteriaThe following assessment criteria will be used for marking this assessment task. Ensure that you haveaddressed all of the criteria in your work; Prepared budgeted operating expenses from the information providedAccurately categorised and listed fixed and variable costsDiscount expenses are calculated and shown for each month of the periodDiscount received are calculated and shown for each month of the periodBad debts are calculated and shown for each month of the periodCalculations are accurate and show monthly total cost of productionBudget includes all the required sections and information and used an appropriate format for budgetreportingPrepared a Master Operating Budget for the financial year 20XX‐20XYSales forecasts are accurately calculated based on given assumptionsCost of Goods Sold budget is expanded to the last two quarters based on given production costestimates and additional informationDirect labour, raw materials and factory overhead costs are accurately calculated for the last twoquarters and included in the Master Operating BudgetPrepared a Cost of Production Budget for the financial yearA sales budget is prepared for the whole financial yearPrepared a schedule for receipt from debtors based on company’s credit policyPrevious quarter balances are accounted for in the scheduleReceipts are calculated and shown accurately in each month against total sales for both the productsFixed and variable costs are calculated for the last two quarter based on the given informationPrepared a budgeted Income Statement for the financial year 20XX‐20XYThe income statement summarizes a company’s revenues (sales) and expenses quarterly and annuallyfor its fiscal yearCalculated net profit or loss for each quarter as well as the whole fiscal yearIdentified and quantified budgeted surplus or deficit for the companyMaster Operating budget includes all the required sections and information and used an appropriateformat for budget reportingKey milestones and performance indicators are marked on the Master Operating BudgetThe budget report contains a summary of all the components and their inter‐relationshipsBudget objectives are developed within the presumptions of company’s business and likelyoperationsThe budget report elaborates key milestones and performance indicators and their significance forthe companyBudget assumptions are noted and reported in the final reportAppropriate strategies are devised to communicate the budget to key stakeholdersBasic budget monitoring process is established and illustratedTechniques and/or methods for analysing budget variances are suggested with examplesSubmission GuidelinesSubmit:Master Operating BudgetWritten report This assessment task must be completed in a designated session in presence of a trainer/assessor.Electronic versions of the assessment task and email/electronic submission arrangements are at furtherdiscretion of the trainer/assessor.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 20197. Academic Policies and ProcessesStudents with Special NeedsIf leaners/learners have any special needs (e.g. physical disability, learning difficulty) regarding assessment,they should be directed to discuss these with the Course Coordinator. The college will endeavour to make allpossible and reasonable adjustments to any aspect of assessment in order to address those needs. Someexamples of additional support could include: Language, literacy and numeracy (LLN)Assistive technologyAdditional materials or tutorialsAssistance in using technology for online delivery components. Reasonable adjustmentReasonable adjustment refers to any modification made to the learning environment, certificationrequirements, training delivery or assessment method to help learners with a disability access and participatein education and training on the same basis as those without disability (IBSA, 2015).The Disability Standards for Education 2005 were formed under the Disability Discrimination Act 1992. Theyclarify the obligations of training providers to ensure that learners who have a disability are able to access andparticipate in education and training on the same basis as those without disability.Some examples of reasonable adjustments could include: Personal support services, e.g. a reader, Auslan interpreter, a scribeassistive technology or special equipment, e.g. screen readers, magnifiers, alternative keyboardsmodifying the presentation method, e.g. visual, oral, print, electronicadjustments to timeframes, e.g. providing materials prior to class, extended time limitsadjustment of the physical environment, e.g. specific furniture, arrangement of classroom. The determination of “reasonableness” requires judgement that must take into account the impact on the RTOand the need to maintain the integrity of the qualification. While reasonable adjustments can be made to theways in which evidence of performance is gathered and demonstrated, the criteria for making Competent/NotYet Competent decisions (and/or awarding grades) should not be altered in any way. That is to say, thestandards expected should be the same irrespective of the group and/or individual being assessed (DisabilityStandards for Education 2005).Recognition of Prior Learning (RPL) and Credit TransfersLearners may apply for Recognition of Prior Learning (RPL) by providing evidence that they have the requiredskills and knowledge in the specific areas of competency through work/industry experience and/or completedeligible assessments in equivalent or higher qualification.Appropriate credit transfer may be granted to eligible learners against each unit of competency on evidence tosuccessful completion of the same unit in an equivalent or higher nationally endorsed qualification. Credittransfer learners will finish the course in a shorter duration and are advised to consult appropriateauthorities/bodies for applicable criteria if planning further study or stay in Australia.Applicants who have completed formal training or who have relevant and current work or life experience andconsider they are able to meet the unit purpose may seek recognition.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019The college acknowledges skills and knowledge obtained through: Formal training (conducted by industry or educational institutions in Australia or overseas)Work experienceLife experience The main focus is on the learning outcomes of these experiences, not on how, when or where the learningoccurred.To be granted RPL, applicants will be asked to:1. Present evidence of their achievement;and/or2. Undertake a challenge test;and/or3. Attend an interview with specialist staff.This evidence will be validated through either satisfactory supporting documentation of support from arecognised industry or workplace representative or challenge testingAcademic Policies and ProceduresApplicable policies and procedure related to this course including plagiarism, assessments, appeals andcomplaints, can be found with the course coordinator as well as in the “Policies and Procedures” section of thecollege’s website.BSB61015| BSBFIM601 Manage FinancesLearner’s Guide | V 2.0 | Jun 2018Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926DApproved by: Quality Manager | Next Review: Jun 2019Assignment Cover Sheet Student IDStudent NameUnitAssessment Task ‐ Title/NumberTrainer/AssessorDate Submitted Note: Plagiarism/Cheating is a serious offence. If a student is found plagiarising/cheating, it may result in a penalty ofsuspension/cancellation of student’s enrolment. In submitting their work, students must be aware of college’s Plagiarismand Academic Misconduct Policy available in student handbook, college’s website and student administration.Declaration of Originality:By submitting this assignment for assessment, I acknowledge and agree that: This assessment task/work is submitted in accordance with the college’s Plagiarism and Academic MisconductPolicy. I also understand the serious nature of academic dishonesty (such as plagiarism) and the penaltiesattached to being found guilty of committing such offenceNo part of this assessment task/work has been copied from any other source without acknowledgement of thesourceNo part of this assessment task/work has been written by any other person, except to the extent of team and/orgroup work as defined in the unit/assessment taskA copy of the original assessment task/work is retained by me and that I may be required to submit the originalassignment to the trainer/assessor upon requestThe trainer/assessor may, for the purpose of assessing this assessment task/work:oProvide a copy of this assignment to another member of the faculty for review and feedback; and/or o Submit a copy of this assignment to a plagiarism checking service. I acknowledge that a plagiarismchecking service provider may then retain a copy of this assessment task/work on its database for thepurpose of future plagiarism checkingLate submission: Late submission without a prior approval of the trainer/assessor will not be accepted andmay delay the assessment outcome. You may also need to resubmit work as per college’s Reassessment Policy.I declare that this assessment is my own work. Studentsignature:Date: ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐Admin Use Only Received | DateStampComments (ifany)

QUALITY: 100% ORIGINAL PAPER – NO PLAGIARISM – CUSTOM PAPER

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