Practice
(FBP)
Student
Assessment Booklet
Name:
Date:
Manual Version Number:
International Institute of Technology © 1 VR390718
Please note: It is a requirement for students to make their submissions using this electronic assessment booklet. At the facilitator’s discretion any submissions made in another format may not be accepted. If you are completing the course via various computers, please save the one booklet on a USB so you can send the submission in using the one file
Getting Started
Please insert your NAME, DATE and the Manual Version Number on the first page of your Assessment Booklet.
Answering Assessment Questions
Each Assessment Booklet contains blank spaces for following assessment items:
· Short Answer Questions
When submitting Assessment Booklets for marking, please ensure that the entire booklet is completed.
Short Answer Questions
Using the space/s provided, please complete your answers making sure to:
· Please restrict your answers to no more than 300 words per question
· Please include any calculations that you used to reach your answer
Referencing Your Answers
Students undertaking the course must exhibit a range of skills in order to be confirmed as competent in their course. These skills include:
· Understanding a question.
· Possessing knowledge about the issue, which in some assessments includes locating information from references.
· Providing an answer, this shows personal understanding.
Please make sure that all assessments are documented in a way that exhibits your personal study and/or research. To that end would you please acknowledge all material and sources used in the presentation of your assessment whether they are books, articles, reports, Internet searches, or any other document or personal communication. For example if:
· An idea is sourced; reference it e.g. (Bagra 2010).
· You are directly quoting, wrap it in quote marks e.g. “Tom Horner sat in a corner” (Peters 2007 page 7).
· You are quoting from the internet include quote marks and the web reference e.g. “ban on conflicted remuneration structures including commissions” <http://futureofadvice.treasury.gov.au/content/Content.aspx?doc=reforms.htm> accessed on the 28th of December 2012.
Please note that no more than 5% of direct quoting which is referenced is deemed to be acceptable and no amount of direct quoting without referencing is deemed acceptable. Any direct quoting should form only a small portion of any answer and the answer should demonstrate the student understands and can interpret the question and provide an appropriate answer.
Whilst this will require more work for you I hope you will understand that we are trying to maintain high standards and support your progression into further qualifications.
Document Naming Instructions:
Save this file to your computer and please use the following protocol when naming the file:
SUBMISSION this relates to the number of times the file has been submitted. For example, your first submission would be S1, with any re-submission the file name should be recorded S2.
Note:
If you are submitting handwritten assessments all questions must be completed in blue or black pen. If assessments are received in pencil or with illegible handwriting, a resubmission will be required.
Note:
It is your responsibility as a student to keep a copy of all assessment submissions. IIT do not take responsibility for the loss of any submissions.
Distance Education Students
Student Declaration
I understand that by completing this form I am bound by the following declaration.
To the best of my knowledge and belief, no part of this assignment for the above unit has been copied from any other student’s work or from any other source except where due acknowledgment is made in the text, or has been written for me by another person.
Name: Date:
FBP: Chapter 6
International Institute of Technology © 7 VR261018
Short Answer Question 1
What is involved in preparing a loan application?
Briefly explain the loan-to-value ratio.