Christopher_RHEAD. Each assessment is taken under specified conditions, then marked by Pearson and a grade awarded. PDF Grade Boundaries January 2022 - Edexcel Learners will investigate some of the issues that managers and leaders have to deal with in the workplace in making businesses more efficient and ensuring their survival and growth. They will use market research data and other information to make recommendations about the type of marketing campaign that a business should undertake. lower premium offer. unit 3: personal and business finance grade boundaries. \end{matrix} PPTX Business - sjhcsc.co.uk FANTASYFOOTBALLBalanceSheetsDecember31AssetsCurrentassets:CashAccountsreceivableInventorySuppliesLong-termassets:EquipmentLess:AccumulateddepreciationTotalassetsLiabilitiesandStockholdersEquityCurrentliabilities:AccountspayableInterestpayableIncometaxpayableLong-termliabilities:NotespayableStockholdersequity:CommonstockRetainedearningsTotalliabilitiesandstockholdersequity2018$208,000856,0001,900,000124,0001,292,000(380,000)$4,000,000$168,000076,000760,000786,6002,209,400$4,000,0002017$262,200999,4001,349,00087,4001,292,000(190,000)$3,800,000$129,2003,80076,000760,000786,6002,044,400$3,800,000, For each of the following journal entries 1 through 12, enter the letter of the explanation that most closely describes it in the space beside each entry. Break-Even Output. endobj Express each amount as a percentage of total assets for that year. & \text{Salaries Expense} \ldots\ldots\ldots & \text{6,000}\\ This page will try and help you understand the assessment of our Level 3 (RQF) BTEC Nationals in Business. Courtesy car is an additional cost (but might not want to have this %%EOF }\\ hbbd```b``d"""``H,\6D IFQ[,,[V/"%Ml% K&F _6 Wtt Yd3 V7NFyU4?' `A{I/mfXD %UR,+D}ABQy] 1,[L"K LkB Provides lit tle evidence of weighing up of competing \quad & \text{Unearned Professional Fees} \ldots\ldots\ldots & \quad & \text{7,500}\\ B. Evidence of application demonstrating linkages and Pearson BTEC Level 3 Nationals in Business Unit 3 Final Sample Assessment Materials Examiners must mark the first learner Indicati ve content The learners have to complete two SWOTs for the interviewer and interviewee roles and from this information, prepare a personal skills development plan. Powerxlvortexgrill Plate.comGet your inspiration flowing with our video Go to the question papers, mark schemes and examiners' reports. ju dgement/judgements being made. Unit 3 Jan 2020 Exam - unit 3 personal and business finanace past Government and private (religious and secular) organizations offer ___________. holistically. number Torecordthisperiodsdepreciationexpense.\begin{matrix} \text{\_\_\_\_\_\_9.} Learners notes can include notes about the provided research. This unit will be examined so you need to ensure that you are ready and prepared for you exam and good performance in this exam is critical to achieving your highest possible grade in your Business Studies course. \text{Income tax payable} & \text{$76,000$} & \text{$76,000$}\\ 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. To record receipt of unearned revenue.} There is also a sister page to support you in the delivery of this qualification. 5. 80 : 48 . \text{ } & \text{2018} & \text{2017}\\ \hline Outlook - free personal email and calendar from Microsoft. M$ P| yI/$I/P JmX$) X=K$}* 7J-G oIg,D o|$*I M$=] 1897 0 obj \text{\_\_\_\_\_\_1.} They should use at least two of these techniques for the award of C.P5 and more for the higher criteria. UNDERSTAND THE IMPORTANCE OF MANAGING PERSONAL FINANCE Planning expenditure, common principles to be considered in planning personal finances: to avoid getting into debt to control costs avoid legal action and/or repossession remain solvent maintain a good credit rating avoid bankruptcy to manage money to fund purchases generate income and savings set financial targets and goals provide insurance against loss or illness counter the effects of inflation. hVmo6+>$@Im@ M(AMG-e~V,;Z+-'sB Tr'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. Evidence of application demonstrating some linkages and (c) What combination of personal action and good fortune could help a person rise out of poverty? Examiners should mark according to the mark scheme, not according to their endobj IxP'Prd,E00 sgT31:/RcJ{Eg6i{ Ashridge, Level Mark Award up to 12 marks. unit 3: personal and business finance grade boundaries @]2]!fki0;*|N rHs1/89wi4K@T'UXmXNNBy`Y@;D1m SA Setting grade boundaries When we set grade boundaries, we look at the performance of every learner who took . Mark Pearson BTEC Level 3 Nationals in Business - Unit 3 - January 2020 . 12 : 0 . are minor. interrelationships between factors leading to a supported stickman swing cool math; ufc gym plantation; how to send certified mail with return receipt; bronwydd house porth history 3. One of the businesses used for Learning Aim A and B can be used or a different business altogether. This full unit covers all learning aims for Unit 3: Personal and Business Finance. Comparing multiple options, unit sizes/prices, looking for deals, buying in bulk, Gross-hourly: rate times wage information; there may be major gaps or omissions. A company produces xxx units of commodity A\mathrm{A}A and yyy units of commodity B\mathrm{B}B. An Administrative Support Guide is available to help guide you through the assessment process. . SPECIMEN . PDF Level 3 Cambridge Technicals in Business - Oxford, Cambridge and RSA Prevents overstating the vehicles value so would comply with All the marks on the mark scheme are designed to be awarded. Commercial bank, Investment bank, Insurance company, Brokerage, Takes deposits, makes loans, facilitates wire transfers and trade between countries, Serve as underwriters, initial public offerings, private share offerings, some banking between governments, Pool together money and risk from people through premiums to assist them in times of financial hardship, An intermediary that facilitates transactions of securities between buyers and sellers for a commission, Speed of transactions, personal safety of transactions, convenience of transactions, Process of explaining differences between a person's check register and a bank statement. Many businesses publish such information online for potential recruits, but learners must not copy/paste chunks from a website as this doesnt show theyve understood the process. information. perception of where the grade boundaries may li e. All marks on the mark scheme should be used appropri atel y. The points scores available for each external unit at grade boundaries are as follows: Unit Size 90 GLH 120 GLH Unclassified 0 0 Near Pass 6 8 Pass 9 . not made a claim, Current provider might not be giving him as good a deal as new Whilst Yasin is cancelling the insurance Shirevale could make a 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 contrast could be in terms of sector, purpose or size and the markets will be developing or developed. Q6 - You now need to carry out research about the different universities/colleges you are interested in applying to by finding the answers to the areas you have outlined in your responses to questions 3 and 5 above. To do this, learners will have to use UK businesses, and this is recommended as it allows them to investigate finance/support and barriers, trade agreements. A more mundane business, like Aldi, offers more potential. MAXIMUM MARK 60. \quad & \text{I. Conclusions may be p resented, but are li kely to be generic Level Mark Descriptor Unit 3: Personal and Business Finance Revision Booklet 1 Learning Aim A: Understand the importance of managing personal finance, including: Functions and Role of Money (A1) Different ways to pay (A2) Current Accounts (A3) Managing Personal Finance (A4) Note: Unit 3: Personal and Business Finance covers both personal and business finance. Learners must produce their own job description, person specification and advert. \end{matrix} Money you have earned (may or may not be physical). <> Th 2016 OSCA materials include an example of learner work for Learning Aims B-E. As well as investigating ideas for an event, learners should consider actual big events theyve had experience of; they must consider the factors which these events have in common to make them successful to meet B.P3. 31588H - Unit . Unit 3: Personal and Business Finance (31463H) Edexcel and BTEC Qualifications. 2. 120 . <>>> It would be better if the businesses were not in the same industry as this would give learners more scope to investigate the differences. BTEC BUSINESS Unit 3 Personal and Business Finance - SlideToDoc.com BTEC Level 3 Business: Unit 3 Personal & Business Finance A1 Function Last year's sales in 4 departments of the Grand Solutions Computer Company BTEC Business Level 3 Unit 3 Exam - The Student Room Content area A UNIT 3. hb```9, AI@5 Everything you need is in this bundle, taking the stress out of teaching and planning this unit of work. Mark Scheme (Results) January Enterprise and Entrepreneurship Unit 3 A mark of 28 would therefore be a Merit. 1905 0 obj We want to see that the theory which youve taught is applied to the specific selected businesses. arguments/pros and cons in context. Examiners must mark the first learner . relevant information; there may be major gaps or omissions. BTEC Business Level 3 - Exam Questions & Answers - Unit 3 - Personal h-eM{'0N:9 ,3,_ r4/v \`_B o+y7]b&Ym1i9{q. specialist technical language. & \text{Cash} \ldots\ldots\ldots & \text{2,000}\\ rel ation to the assessment outcomes being targeted by the question. Learners should use the same businesses for LAs A and B and choose one of them for AB.D1. 13. Evidences thorough application leading to a balanced analysis Gg. PDF January 2018 31463H Personal and Business Finance Learners are permitted access to any relevant software to enable them to complete the Part S task. 12523 Comments Please sign inor registerto post comments. 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. thomassaunders00. <>/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 }\\ x]OZAIs &;MU^4 HLR?s8Pu+@G_ pnYc1yFk@bt0">v/{ +L\0[.i5T#Pcn} \m3ix#|4^V@qU"P4(@55S|Y=4v~#,"Si7|pxM5l-`Z which marks will be awarded and exempli fi cation may be limited. \text{C. To record payment of an accrued expense.} bank branch and one further mark for development: Pearson BTEC Level 3 Nationals in Business Unit 3 Final Sample Assessment Materials \quad & \text{Salaries Payable} \ldots\ldots\ldots & \quad & \text{6,000}\\ 0 This includes, but is not limited to offline versions of: Learners are not permitted to take notes or any other materials into the Part S supervised assessment period but they may have access to blank paper and pens to jot down ideas or sketch out plans. 0 or better and file a petition with the student adviser. Business btec Unit 3. %PDF-1.7 % Unit 3.3 Unit Assessment (Vol 1) for AQA A-Level Business Levels-based mark schemes (LBMS) have been designed to assess learner work \quad & \text{Accounts Receivable (from consulting)} \ldots\ldots\ldots & \quad & \text{9,000}\\ \text{\_\_\_\_\_\_11.} stream perception of where the grade boundaries may lie. Businesses like Coca Cola, Apple, Nike are not good choices for this unit. re sponse l acks clarity and fails to provide an adequate answer (You can use letters more than once. were: Training, 50%; Software, 30%; Repair Contracts, 15%; Hardware, 5%. <> <> . The features, outlined in the unit content, should be considered in equal measure in each business. 3 0 obj to the question. Unit 3: Personal and Business FinanceThe exam. \uiYrWPtRZ6Wf>S4 , hf10t400 MANAGING PERSONAL FINANCE Suitability of different financial products and services against individual needs.