unit 3: personal and business finance grade boundaries

need to worry about increased interest charges (1), Only interest is paid until the debenture is redeemed (1) If Stefani can get a 0% card, Many providers offer additional incentive to encourage balance transfers, Put the money saved from 0% interest into a savings account and earn money on it, Consolidate any other debts into one payment, May get an increased limit by switching provider which could positively impact on her credit, May encourage excessive borrowing if credit limits are increased, Inability to find a 0% balance transfer offer could prove very expensive, Transfer limit usually applies so she can only transfer so much, Credit card provider might try and encourage the purchase of additional products, which she, Other purchases made on the card may be charged at the standard rate of interest, Increasing her credit card balance may affect Stefanis credit rating/score, which could affect, Given recent lockdown issues it might mean Stefani has been unable to go on holidays. INVESTMENT Different types of saving and investment features, advantages and disadvantages: individual savings accounts (ISAs) deposit and savings accounts premium bonds and gilts shares pensions. -Have various fees, -Investment Btec business level 3 unit 1 assignment 1 example, Unit 1 exploring business assignment 1 examples, Btec business level 3 unit 1 assignment 2, Health and social care unit 5 coursework example p2, Btec level 3 health and social care unit 4, Personal Finance Personal Finance A Personal Financial Planning, Personal Finance Personal Finance 101 What is personal, Personal Finance Personal Finance A Personal Financial Planningis, Insurance Unit Personal Finance Personal Finance Wednesday February, BTEC Extended Certificate in Business BTEC Diploma in, Introduction to Finance BTEC Business Nationals Unit 5, Business Finance Business Finance or Corporate Finance as, BTEC Information Technology Course offered BTEC Level 3, BTEC APPLIED SCIENCE THE APPLIED SCIENCE BTEC QUALIFICATION, BTEC Level 3 Applied Science National Diploma BTEC, BTEC Computing Level 3 BTEC Computing Level 3, BTEC Enterprise BTEC Enterprise A bit about the, Personal Finance Topic 2 Personal Finance 1 What. Meaning may be conveyed but in a non-specialist way; response lacks Something like a raffle is too simple and not suitable. \text{\_\_\_\_\_\_8.} In order to access the ACS, you will need to complete the form using the following options: You can then complete the rest of the online form providing all the information relevant to your case, attach the assignment brief once you have submitted the case. %PDF-1.5 A financial plan to effectively and efficiently use a person's limited resources. \text{\_\_\_\_\_\_9.} \text{Current assets:} & \text{ } & \text{ }\\ ), A. But, remember group evidence is not acceptable, and learners must produce their own, individual evidence of their contribution and participation. To achieve this Distinction criterion, market structure, including supply and demand and how these affect pricing and output decisions should be explored for D.P6 and assessed for D.M4. Unit 3 Jan 2020 Exam - unit 3 personal and business finanace past papers exams questions, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, Please check the examination details below bef, Public law (Mark Elliot and Robert Thomas), Electric Machinery Fundamentals (Chapman Stephen J. <>>> Emma_Upson. Paying forward- idea of taking things you have learned and been given and passing it on to another person Revenue. Meaning may be conveyed but in a non-specialist way; respon se The mark awarded within the band will be decided based on the quality of the answer BTEC BUSINESS Unit 3: Personal and Business Finance HOMEWORK Unit 3 is an external examination worth 35% of your final qualification The exam is in May 2020 This is a essential part of the course success and marks in this unit will have a HUGE impact on your overall achievement in the course. (b) What kinds of assistance might a poor family be able to get from the government? containing linkages and interrelationships between factors. conducting banking in ways other than face to face (1), Can get face to face which may be an advantage to some consumers BTEC Business unit 3 personal and business finance. 4663 0 obj For this unit it is expected that learners will work in small groups. Personal and business finance exam unit 3 watch this thread 5 years ago Personal and business finance exam unit 3 Show original post Scroll to see replies 1 2 3 4 5 Next Reply 20 5 years ago A ejscan EllieRoissetter I have made notes on the material which if learned can be easy to apply to questions. Learners should always show their individual knowledge with their own detailed speaker notes - if they choose to do a group presentation. Displays a balanced evaluation demonstrating an awareness of \underline{\text{Liabilities and Stockholders' Equity}} & \text{ } & \text{ }\\ allows the business to plan finances / budget (1), Long-term source of finance (1) which allows the Ashridge, Level Mark Award up to 12 marks. BTEC National Business Unit 3 Resources These fantastic resources are designed to help students maximise their performance in Unit 3 (Personal and Business Finance). & \text{Depreciation Expense} \ldots\ldots\ldots & \text{4,000}\\ \text{Accounts payable} & \text{$\$ 168,000$} & \text{$\$ 129,200$}\\ H@))@b"/EPl0\B8#" {CM5W@I9}{? 1|1gQ6r/E={Lv|/{l]|D"ql:Ort0t00ht0xt0H40Jt00v0vt0Dt40pt4)8XZ( f$A!AHs 1? Finance exam 2017 (edited 4 years ago) 0. . BTEC National Business | Livestream | Unit 3 (Jan 2022) Personal Finance Live Revision tutor2u 200K subscribers Subscribe 375 Share 13K views Streamed 1 year ago #btecbusiness Join Jim. The point is that learners have to explain the main features of globalisation and if the businesses are similar, then they won't have much scope to consider the features indicated in section B1. MAXIMUM MARK 60. \quad & \text{Salaries Payable} \ldots\ldots\ldots & \quad & \text{6,000}\\ The contrast is in the features: ownership and liability, or size, or sector or purpose. Major and Minor Codes. They consist of two parts: indicati ve content and levels-based descriptors. \text{\_\_\_\_\_\_7.} Mark scheme (award up to 8 marks) refer to the guidance on the cover of this document 14. 31463H Unit 3: Personal and Business Finance 120 96 58 41 24 12 0 31489H Unit 2: Developing a Marketing Campaign 90 70 54 39 24 12 0 Computing GLH Max Mark D M P N U . to the question. endobj 31489H - Unit 2: Developing A Marketing Campaign : 90 . Net-Actual money you are paid (with deductions), -Transactional Evidence of application demonstrating some linkages and MANAGING PERSONAL FINANCE Suitability of different financial products and services against individual needs. Specific It works well if learners swap documents and apply for each others jobs: as well as preparing documents for the business recruiting someone, learners should also be the applicant, completing CV, covering letter and Application Form. When using a levels-based mark scheme, the be st fit approach should be used. 5. Ratio's. 30 terms. <> stream If you buy the item instantly you would be happy for having it, but it is costly to pay for it in the future. Money you have earned (may or may not be physical). 100 marks available You will get a calculator EVERY mark counts!! Summer 2023 Series: English Language A2 Unit 3 Examination: 17 Aug: AS/A Level Results Day : Get the latest subject updates -Few fees Xaxie2000. Learners have to plan and stage the event to showcase their organisational and management skills. \text{\_\_\_\_\_\_6.} The cost (in dollars) of producing these units is given by the joint-cost function C(x,y)=x2+xy+y2C(x, y)=x^2+x y+y^2C(x,y)=x2+xy+y2. Demonstrates the use of logical reasoning, clarity, and mark for development: The interest rate is fixed (1) so the company does not This full unit covers all learning aims for Unit 3: Personal and Business Finance. Learners will also consider the factors that influence the implementation of these strategies. Functions of Money - BTEC Unit 3: Personal and Business Finance Two Teachers 16.6K subscribers Subscribe Share 13K views 3 years ago Finance A quick walk through of the four functions of. Sm,I N-&K$} n{zS$IP D%IS xa$I_|e #QIW&. How does Ernies producer surplus change? Examiners should also be prepared to award zero marks if the learners response is What if she is made redundant / furloughed? Levels-based descriptors articulate the skills that a learner is likely to demonstrate in & \text{Cash} \ldots\ldots\ldots & \text{2,000}\\ The specification states on the first page: Learners study how UK businesses develop strategies to trade globally. endobj BTEC Business Level 3 Introduction - JCB Academy Units - Diploma Unit 1 - Exploring Business Unit 2 - Developing a Marketing Campaign Unit 3 - Personal & Business Finance Unit 4 - Managing an Event 7. https://www.cleevepark-tkat.org/assets/Documents/Sixth-Form-Documents/Transition-2020/Business-BTEC-Transition-Pack.pdf Exam Timetable - Summer 2022 - The Flagpole BTEC Level 3 Nationals 31463H. DIFFERENT WAYS TO PAY The use of money as a payment method, advantages and disadvantages of: cash debit card credit card cheque electronic transfer direct debit standing order pre-paid cards contactless cards charge cards store cards mobile banking Bankers Automated Clearing Services (BACS) Faster Payments Service (FPS) Clearing House Automated Payment System (CHAPS). \text{Total assets} & \underline{\underline{\$ 4,000,000}} & \underline{\underline{\$ 3,800,000}}\\ <>stream 15.00 Add to cart Share : Full description License Delivery & returns Business Assessment Resources Unit & Topic Assessments & \text{Rent Expense} \ldots\ldots\ldots & \text{2,000}\\ Points are awarded on a sliding scale between the grade boundaries based on the number of raw marks achieved by each learner. Part A introduces learners to the context and consists of a research pack released on the afternoon before the Part B is taken. Compliance (preventing fraud, compliance with law and regulations). \text{Cash} & \text{$\$ 208,000$} & \text{$\$ 262,200$}\\ At no more . repair costs), Machine is owned and is an asset and shown on the Statement of Financial <>/MediaBox[0 0 595.44 841.68]/Parent 1893 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> 12 ; Merit 15 20 . Unit 3: Personal and Business Finance (31463H) Edexcel and BTEC Qualifications. costs as the vehicles age. cle ar and uses specialist te chnical language consistently. 5 years ago. Business btec Unit 3. Unit 11 Relationship Marketing Issue 2.pdf Demonstrates the use of logical reasoning, clarity, and appropriate 100 marks available The balance sheets for Fantasy Football for 2018 and 2017 are provided below. Something like a school/college special event for other students to raise money for charity would be appropriate. competing arguments, le ading to conclusions. Make you wealthy, The number of times interest is calculated against principle, The amount of money you owe someone or that you have saved. Evidences the weighing up of competing arguments/pros and BTEC Level 3 Business: Unit 3 - Personal & Busines 29 terms. %%EOF This BTEC National Business Unit 3 online course is currently under development to support the Unit 3 Grade Booster cinema workshops being held for the summer 2022 exam. Find grade boundaries for the latest exam series in which exams were taken or, if you need to view grade boundaries from earlier exam series, you can do so by using the tool below. Actual Sales - Break-Even Level of Output. Learners need to understand the financial decisions they will need to take throughout life. After the event the success of the event should be reviewed, and the delegates feedback analysed and help them identify improvements. understanding of relevant inf ormation; any gaps or omissions A small sole trader might not allow learners the opportunity to do justice to the requirements of the assessment criteria - for example, complex relationships with stakeholders, organisation structure and functional areas might be limited with a sole trader. -salary: salary divided by pay periods BTEC National Certificate in Business (180 GLH) interrelationships between factors leading to a The business finance aspects of the unit introduces learners to accounting terminology, the purpose and importance of business accounts and the different sources of finance available to businesses. What is the difference between fixed/constant income and variable income? %PDF-1.5 % \text{\_\_\_\_\_\_10.} ______1.______2.______3.______4.______5.______6.______7.______8.______9.______10.______11.______12.InterestExpenseInterestPayableDepreciationExpenseAccumulatedDepreciationUnearnedProfessionalFeesProfessionalFeesEarnedInsuranceExpensePrepaidInsuranceSalariesPayableCashPrepaidRentCashSalariesExpenseSalariesPayableInterestReceivableInterestRevenueCashAccountsReceivable(fromconsulting)CashUnearnedProfessionalFeesCashInterestReceivableRentExpensePrepaidRent1,0004,0003,0004,2001,4004,5006,0005,0009,0007,5002,0002,0001,0004,0003,0004,2001,4004,5006,0005,0009,0007,5002,0002,000. endobj matches the learners response and place it within that band. Outlook - free personal email and calendar from Microsoft. The features, outlined in the unit content, should be considered in equal measure in each business. It means that the performance and asking/answering of analytical questions can be authenticated by the internal verifier and standards verifier. demonstrating a thorough grasp of competing arguments, leading A mark of 28 would therefore be a Merit. Evaluate external sources of finance which Wattam Grove could use to fund Option 2 - Camping and caravan site.

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