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Performance Band Descriptors — 2013 Higher School Certificate

2 unit Financial Services Examination

2013 Candidature - 262

Band 6
(6.48%)

Accurately and appropriately communicates using precise industry terminology. Demonstrates thorough understanding of work performance required in the industry. Applies in-depth knowledge and understanding of safety, the industry context, the nature of working in the industry, working effectively with colleagues and clients and either accounting, financial services or financial markets and systems. Demonstrates comprehensive understanding of the fundamental principles of accounting and bookkeeping practices and methods. Consistently and reliably applies skills required in financial calculations and transactions. Demonstrates extensive understanding of industry's legal and ethical frameworks. Demonstrates critical judgment and sound reasoning to select, organise, synthesise and evaluate relevant information from a variety of sources.
Band 5
(29.77%)

Communicates using specific industry terminology. Demonstrates detailed understanding of work performance required in the industry. Demonstrates detailed knowledge and understanding of safety, the industry context, the nature of working in the industry, working effectively with colleagues and clients and either accounting, financial services or financial markets and systems. Demonstrates thorough understanding of the fundamental principles of accounting and bookkeeping practices and methods. Applies skills required in financial calculations and transactions. Demonstrates understanding of industry's legal and ethical frameworks. Demonstrates accomplished judgement and reasoning to select, organise and evaluate relevant information from a variety of sources.
Band 4
(35.87%)

Communicates using industry terminology. Demonstrates sound understanding of work performance required in the industry. Demonstrates sound knowledge and understanding of safety, the industry context, the nature of working in the industry, working effectively with colleagues and clients and either accounting, financial services or financial markets and systems. Demonstrates general understanding of the fundamental principles of accounting and bookkeeping practices and methods. Demonstrates basic skills in financial calculations and transactions. Demonstrates basic understanding of industry's legal and ethical frameworks. Frames written responses in a descriptive manner.
Band 3
(17.17%)

Communicates using basic industry terminology. Demonstrates understanding of work performance required in a financial services context. Demonstrates basic knowledge and understanding of safety, the industry context, the nature of working in the industry, working effectively with colleagues and clients and either accounting, financial services or financial markets and systems. Demonstrates limited understanding of the fundamental principles of accounting and bookkeeping practices and methods. Demonstrates limited skills in financial calculations and transactions. Demonstrates limited understanding of industry's legal and ethical frameworks. Frames written responses using unsupported generalisations.
Band 2
(6.87%)

Communicate using non-industry specific terms. Demonstrates superficial understanding of work performance required in a financial services context. Demonstrates limited knowledge and understanding of safety, the industry context, the nature of working in the industry, working effectively with colleagues and clients and either accounting, financial services or financial markets and systems. Demonstrates some understanding of the fundamental principles of accounting and bookkeeping practices and methods. Demonstrates minimal skills in financial calculations and transactions. Displays elementary understanding of industry's legal and ethical frameworks. Frames written responses using unsupported generalisations and irrelevant material.
Band 1
(1.9%)

A mark in this band indicates that the student has achieved below the minimum standard expected.
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