In order to achieve this evaluation they should discuss the effects of the internal, external and competitive environments on the business and assess these effects for C.P4 and C.M3. SCORES AND GRADE POINTS TARGET ! \text{\_\_\_\_\_\_ 12.} endstream endobj 1821 0 obj <>/Metadata 56 0 R/Pages 1818 0 R/StructTreeRoot 84 0 R/Type/Catalog/ViewerPreferences 1835 0 R>> endobj 1822 0 obj <>/MediaBox[0 0 594.96 842.04]/Parent 1818 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> endobj 1823 0 obj <>stream securely all bullet points are displayed at th at band. <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 594.96 842.04] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> clarity and fails to provide an adequate answer to the question. Giving back is not always possible, but you can always pay forward, A corporation that invests money for individuals in portfolios managed by the corporation, Chapter 4: Schizophrenia Spectrum Disorders a, Earth Science Chapter 14 Section 1(Weathering, Totalliabilitiesandstockholdersequity. GRADE . & \text{E. To record an accrued expense. Learners need to carry out situational analysis and to consider cultural differences. 2 most common time frames for interest to be compounded? 4662 0 obj On a circle graph , how many degrees should be used to show the sales of each department? Evidence of application demonstrating some linkages and & \text{Interest Receivable} \ldots\ldots\ldots & \text{5,000}\\ <> feature), No claims discount is protected may save money in the future if Preparation for the interview should be researching suitable questions, what to wear, travelling, demeanour etc and the role plays should be as realistic as possible. Demonstrates the use of logical reasoning, clarity, and stream Issue 3 April 2017 Pearson Education Limited 2015, Question lower premium offer. relevant information; there may be major gaps or omissions. would comply with accounting concepts, Give greater tax benefit in early years which would help grow the Claudia Bienias Gilbertson, Debra Gentene, Mark W Lehman, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Daniel F Viele, David H Marshall, Wayne W McManus, Fundamentals of Financial Management, Concise Edition. vary, At the end of the lease Mike will have to return the asset, Does not own the machine so does not improve the value of the business, Will face additional costs of 1500 if the business tries to end the lease Evaluation likely to consist of basic description of SPECIMEN . not worthy of credit according to the mark scheme. Evidences the weighing up of competing arguments/pros and were: Training, 50%; Software, 30%; Repair Contracts, 15%; Hardware, 5%. Our Assessment plan for 2017-18 for the Level 1 / 2 BTEC first Award in Business Learners have 4 hours a week Units chosen are: Unit 1 - Enterprise in the Business World Unit 2 - Finance for Business -External Exam unit Unit 7 - Providing Business Support Unit 8 - Recruitment, Selection and Employment First year delivering Level 2 after a break of 2 years - might deliver unit 1 and 7 together . \text{C. To record payment of an accrued expense.} FANTASYFOOTBALLBalanceSheetsDecember3120182017AssetsCurrentassets:Cash$208,000$262,200Accountsreceivable856,000999,400Inventory1,900,0001,349,000Supplies124,00087,400Long-termassets:Equipment1,292,0001,292,000Less:Accumulateddepreciation(380,000)(190,000)Totalassets$4,000,000$3,800,000LiabilitiesandStockholdersEquityCurrentliabilities:Accountspayable$168,000$129,200Interestpayable03,800Incometaxpayable76,00076,000Long-termliabilities:Notespayable760,000760,000Stockholdersequity:Commonstock786,600786,600Retainedearnings2,209,4002,044,400Totalliabilitiesandstockholdersequity$4,000,000$3,800,000\text{FANTASY FOOTBALL}\\ \text{Balance Sheets}\\ \text{December 31}\\ \begin{matrix} . The AAB asks for a presentation, but if this will be difficult to manage if you have a large number of learners in the class, you do not have to stick with this instruction. Pearson BTEC Level 3 Nationals in Business Unit 3 Final Sample Assessment Materials Different rows }\\ Each assessment is taken under specified conditions, then marked by Pearson and a grade awarded. Unit 1 assignment 2 grade d achieved jbcjobcjo. Actual Sales - Break-Even Level of Output, Opening Inventory + Purchases - Closing Inventory, Non-Current Liabilities + Net Current Assets - Long Term Liabilities, Current Assets - Inventory/ Current Liabilities, Average Inventory Turnover/Cost of Sales x 365, BTEC Level 3 Business: Unit 3 - Personal & Bu, BTEC Business Revision Unit 3 - Personal and, BTEC Business- Unit 3 Finance revision exam, Business Unit 3 Personal and Business Finance, Fundamentals of Financial Management, Concise Edition, Don Herrmann, J. David Spiceland, Wayne Thomas, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Charles T. Horngren, Madhav V Rajan, Srikant M. Datar, LIFE Exam- Chapter 3, Life Insurance Policies, Psych Mod 62- Dynamics of intelligence+ Genet. During the staging of the event, learners must show that they have played a part in managing aspects of the day. Show these changes in your allows the business to plan finances / budget (1), Long-term source of finance (1) which allows the & \text{Insurance Expense} \ldots\ldots\ldots & \text{4,200}\\ Margin of Safety. & \text{G. To record this periods use of a prepaid expense. Section A contains questions on the personal finance unit content and approximately one-third of the marks, and Section B contains questions on the business finance unit content and approximately two-thirds of the marks. consist of basic description of information. Prepare a vertical analysis of Fantasy Football's 2018 and 2017 balance sheets. INCOME TYPES OF INCOME Capital income: loan mortgages shares owners capital debentures. Raw mark scores can be downloaded by Exams Officers from Edexcel Online. Eswatini (/ s w t i n i / ESS-wah-TEE-nee; Swazi: eSwatini [swtini]), officially the Kingdom of Eswatini and formerly named Swaziland (/ s w z i l n d / SWAH-zee-land; officially renamed in 2018), is a landlocked country in Southern Africa.It is bordered by Mozambique to its northeast and South Africa to its north, west, south, and southeast. 3. We set grade boundaries for each grade, at Distinction, Merit and Pass. Fixed/constant- same pay each pay period (salary). They should write about this and we expect a Record of Activity to support this, completed by the Assessor. <>/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>> 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. "Ernie owns a water pump. It means that the performance and asking/answering of analytical questions can be authenticated by the internal verifier and standards verifier. 11. endobj The Unit 7 task booklet (called Part S) must only be made available to learners at the beginning of the supervised assessment period and centres must not discuss the details of the task contents with learners directly. 1897 0 obj Learners should always show their individual knowledge with their own detailed speaker notes - if they choose to do a group presentation. Unit 1 - Finance, the Individual and Society (R/505/4681) Students will understand the role of the citizen in the UK, the values held by citizens, and the impact they have on personal finance. Contribution Per Unit x Margin of Safety. COMMUNICATING WITH CUSTOMERS Methods of interacting with customers, advantages and disadvantages: branch online banking telephone banking mobile banking postal banking. \text{Cash} & \text{$\$ 208,000$} & \text{$\$ 262,200$}\\ Compliance (preventing fraud, compliance with law and regulations). Two contrasting UK businesses operating in contrasting markets are required. (2nd essay question). She. MAXIMUM MARK 60. BaakliniC10019. The guidance below is largely taken from Senior Standards Verifier (SSV) Reports. This is a popular optional unit. 4663 0 obj 3. @]2]!fki0;*|N rHs1/89wi4K@T'UXmXNNBy`Y@;D1m SA hbbd```b```rd"YR@d:iyH2e]rKbL@"@}4$3 ` J ! /t geo o#?ui4uoJ>Nkm`rz7qc5lVu3&S[C`=RF>_0|\6/5 Total Fixed Costs / Unit Contribution. \text{Total assets} & \underline{\underline{\$ 4,000,000}} & \underline{\underline{\$ 3,800,000}}\\ w``yCKd+)>Y Legislation that regulates working conditions and rules in the United States. Budget information. Level Mark Descriptor <. \text{Retained earnings} & \underline{2,209,400} & \underline{2,044,400}\\ \text{Stockholders' equity:} & \text{ } & \text{ }\\ vL1d'uIp}|8@ _$I x5`I/+\ .^%If k&I(V Jm9K$l startxref \end{matrix} Unit 3: Personal and Business FinanceThe exam. interrelationships between factors leading to a UNIT 3 personal and business finance. hb```9, AI@5 endobj Torecordanaccruedrevenue.C. We want to see a valid analysis of key factors, including awareness of the importance of contingency planning for C.M3. You may prefer to write your own assignment briefs. There are four externally assessed units and they are either of 90 or 120 GLH. -Does not accrue interest They will be able to predict probable consequences, identify faulty arguments or misrepresentations of information or data, compare information and data, provide reasonable alternatives, and evaluate and justify proposed solutions. \quad & \text{Unearned Professional Fees} \ldots\ldots\ldots & \quad & \text{7,500}\\ The event itself must be sufficiently complex. At no more . Summer 2023 Series: English Language A2 Unit 3 Examination: 17 Aug: AS/A Level Results Day : Get the latest subject updates This unit includes aspects of both personal and business finance. which marks will be awarded and exempli fi cation may be limited. Learners need to bring out the contrast in the ways they operate internationally. Go to the question papers, mark schemes and examiners' reports. Giving back- returning help or service to someone who gave you help or service BTEC Business unit 3 personal and business finance. Personal Finance Unit 3 Test Term 1 / 39 A financial plan to effectively and efficiently use a person's limited resources. Examiners should 35 : 22 . Ashridge, Level Mark Award up to 12 marks. }\\ they have shown they can do, rather than be penalised for omissions. in exactly the same way as t hey mark the last. Xaxie2000. They should use at least two of these techniques for the award of C.P5 and more for the higher criteria. Torecordthisperiodsdepreciationexpense.\begin{matrix} holistically. Timely. A more mundane business, like Aldi, offers more potential. 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 . %PDF-1.7 % In Unit 7 learners draw together learning from previous units in the qualification. To get to that point, they should consider two countries where a selected business could operate and think about the external factors which will influence them making this decision. Business. Issue 3 April 2017 Pearson Education Limited 2015. Torecordpaymentofanaccruedexpense.G. Evidences thorough appli cation leading to balanced evalu ation Government and private (religious and secular) organizations offer ___________. After each exam series, the Lead Examiner for each unit writes a report to provide feedback to teachers. 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. endobj <>/Filter/FlateDecode/ID[<77D1072CAEB1B2110A00F08B18E6FD7F>]/Index[1895 29]/Info 1894 0 R/Length 73/Prev 591381/Root 1896 0 R/Size 1924/Type/XRef/W[1 3 1]>>stream Different types of borrowing, features, advantages and disadvantages: overdraft personal loans hire purchase mortgages credit cards payday loans. We expect clear explanations of market theory, how the market will influence the chosen business when making pricing and output decisions. Waiting to buy something that you want until you can truly afford it. 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.