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12523 Comments Please sign inor registerto post comments. 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. Evidences the weighing up of competing arguments/pros and (You can use letters more than once. containing linkages and interrelationships between factors. Something like a school/college special event for other students to raise money for charity would be appropriate. uses specialist te chnical language consistently and fluently. {{navigationJson.popularQualificationtitle}}, {{navigationJson.qualificationcolumnTitle1}}, {{navigationJson.qualificationcolumnTitle2}}, {{navigationJson.qualificationcolumnTitle3}}, Grade boundaries - January 2023 - Edexcel Award Pass Marks, /content/dam/pdf/Support/Grade-boundaries/Edexcel-Award/2301-edexcel-awards-grade-boundaries-v1.pdf, Grade Boundaries - January 2023 - International A Level, /content/dam/pdf/Support/Grade-boundaries/International-A-level/2301-ial-subject-grade-boundaries-v1.pdf, Notional Component Grade Boundaries - January 2023 - International GCSE (9-1), /content/dam/pdf/Support/Grade-boundaries/International-GCSE/2301-intgcse-9-1-notional-component-grade-boundaries-v1.pdf, Grade Boundaries - January 2023 - International GCSE (9-1), /content/dam/pdf/Support/Grade-boundaries/International-GCSE/2301-intgcse-9-1-subject-grade-boundaries-v1.pdf, Grade Boundaries - January 2023 - Project Qualifications, /content/dam/pdf/Support/Grade-boundaries/Project-qualifications/2301-project-subject-grade-boundaries-v1.pdf, Grade Boundaries - November 2022 - GCSE (9-1), /content/dam/pdf/Support/Grade-boundaries/GCSE/2211-gcse-9-1-subject-grade-boundaries-v1.pdf, Notional Component Grade Boundaries - November 2022 - GCSE (9-1), /content/dam/pdf/Support/Grade-boundaries/GCSE/2211-gcse-9-1-notional-component-grade-boundaries-v3.pdf, Grade Boundaries - October 2022 - International A Level, /content/dam/pdf/Support/Grade-boundaries/International-A-level/2210-ial-subject-grade-boundaries-v1.pdf, Grade Boundaries - October 2022 - International Primary and Lower Secondary Curriculum, /content/dam/pdf/Support/Grade-boundaries/International-Primary-Lower-and-Secondary-Curriculum/2210-ipls-subject-grade-boundaries-v1.pdf, /content/dam/pdf/Support/Grade-boundaries/LCCI/lcci-grade-boundaries-july-2022.pdf, /content/dam/pdf/Support/Grade-boundaries/LCCI/lcci-grade-boundaries-june-2022.pdf, /content/dam/pdf/Support/Grade-boundaries/A-level/2206-gce-subject-grade-boundaries.pdf, Notional Component Grade Boundaries - June 2022 - GCE, /content/dam/pdf/Support/Grade-boundaries/A-level/2206-gce-notional-component-grade-boundaries.pdf, Grade Boundaries - June 2022 - Advanced Extension Award, /content/dam/pdf/Support/Grade-boundaries/Advanced-Extension-Award/2206-aea-subject-grade-boundaries.pdf, Grade Boundaries - June 2022 - BTEC Firsts, /content/dam/pdf/Support/Grade-boundaries/BTEC-Firsts/btec-grade-boundaries-l2-firsts-june-2022.pdf, Grade Boundaries - June 2022 - BTEC Nationals, /content/dam/pdf/Support/Grade-boundaries/BTEC-Nationals/btec-grade-boundaries-june-2022-l3-nationals.pdf, Grade Boundaries - June 2022 - BTEC Level 2 Technicals, /content/dam/pdf/Support/Grade-boundaries/BTEC-Level-2-Technicals/btec-technicals-grade-boundaries-june-2022.pdf, Grade Boundaries - June 2022 - BTEC Tech Awards, /content/dam/pdf/Support/Grade-boundaries/btec-tech-awards/btec-grade-boundaries-l2-tech-awards-june-2022.pdf, Grade Boundaries - June 2022 - Edexcel Award pass marks, /content/dam/pdf/Support/Grade-boundaries/Edexcel-Award/2206-level-2-3-edexcel-awards-subject-grade-boundaries.pdf, Grade Boundaries - June 2022 - International GCSE (9-1), /content/dam/pdf/Support/Grade-boundaries/International-GCSE/2206-intgcse-9-1-subject-grade-boundaries.pdf, /content/dam/pdf/Support/Grade-boundaries/International-GCSE/2206-intgcse-9-1-notional-component-grade-boundaries.pdf, Grade Boundaries - June 2022 - Mathematics in Context, /content/dam/pdf/Support/Grade-boundaries/core-maths/2206-l3c-subject-grade-boundaries.pdf, Notional Component Grade Boundaries - June 2022 - Mathematics in Context, /content/dam/pdf/Support/Grade-boundaries/core-maths/2206-l3c-notional-component-grade-boundaries.pdf, Grade Boundaries - June 2022 - Project Qualifications, /content/dam/pdf/Support/Grade-boundaries/Project-qualifications/2206-level-2-3-project-subject-grade-boundaries.pdf, Grade Boundaries - Summer 2022 - T Levels, /content/dam/pdf/Support/Grade-boundaries/t-levels/t-level-grade-boundaries-summer-2022.pdf, {{translateWord(navigationJson.covidTitle)}}, {{translateWord(navigationJson.subjectTitle)}}, {{translateWord(navigationJson.qualificationTitle)}}, {{navigationJson.qualificationcolumn1CTAtext}}, {{navigationJson.qualificationcolumn2CTAtext}}, {{navigationJson.qualificationcolumn3CTAtext}}, {{translateWord(navigationJson.supportTitle)}}, {{translateWord(navigationJson.aboutusTitle)}}, {{translateWord(navigationJson.contactusTitle)}}, Alcester Academy and North Bromsgrove High School, BTEC (Levels 1-3), Employability and Skills, Higher Education, Higher Technical Qualifications (HTQs) and LCCI, View grade boundaries from the most recent exam series. Learners need to carry out situational analysis and to consider cultural differences. One of the businesses used for Learning Aim A and B can be used or a different business altogether. Would you like me to send them to you? 1896 0 obj If you buy the item instantly you would be happy for having it, but it is costly to pay for it in the future. . <>/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 Tort law & Omissions - Lecture notes 3, EAT 340 Solutions - UNIT1 Lesson 12 - Revision Material (Previous Examination Paper 2017 ), Offer and Acceptance - Contract law: Notes with case law, Lab report(shm) - lab report of simple harmonic motion, Unit 6 - The History of the NHS (Journal Article), Importance of Studying Child and Adolescent Development, Acoples-storz - info de acoples storz usados en la industria agropecuaria. {CM5W@I9}{? 1|1gQ6r/E={Lv|/{l]|D"ql:Ort0t00ht0xt0H40Jt00v0vt0Dt40pt4)8XZ( f$A!AHs 1? These plans must not be submitted as part of the learners work and will not be marked by examiners. understanding of relevant inf ormation; any gaps or omissions are & \text{Salaries Payable} \ldots\ldots\ldots & \text{1,400}\\ & \text{H. To record payment of a prepaid 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} they have evidenced each of the descriptor bullet points. UNDERSTAND THE IMPORTANCE OF MANAGING PERSONAL FINANCE Functions and role of money The ability to handle money received, and to control money paid, is a fundamental requirement for personal and business success. LEVEL 3 CAMBRIDGE TECHNICAL IN BUSINESS Unit 3: Business decisions. Different types of banks/ financial institutions? The mark awarded within the band will be decided based on the quality of the answer Before a person can make a budget they must know __________. 9 Award one mark for identification of an advantage for the -Does not accrue interest G.Torecordthisperiodsuseofaprepaidexpense. life of the asset. 129 terms. Torecordanaccruedrevenue.G. 8. information; there may be major gaps or omissions. Torecordthisperiodsdepreciationexpense. Learners are permitted access to any relevant software to enable them to complete the Part S task. 11d Award two marks for the correct answer of 20 units, Award one mark for the formula in either words of figures, Margin of safety = expected output break-even quantity 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. Every business is potentially ripe for investigation, not just the iconic Apple which learners often use to extol the products rather than really get to the bottom of how its success can be linked to innovation and enterprise. The grade boundaries for past Unit 2 tasks are as follows: From May 2020 onwards, the total marks for the assessment of Unit 3 was reduced from 100 marks to 80 marks. BTEC National Certificate in Business (180 GLH) An Administrative Support Guide is available to help guide you through the assessment process. Go to the question papers, mark schemes and examiners' reports. 12. depreciate over the assets lifetime, Will produce lower profit figures in the early years in the Indicati ve content The Accounting minor provides students with a comprehensive accounting background; admission is competitive and based on overall UCLA grade-point average, grade-point average in pre-admission courses, and grades in Management 1A and 1B. For Learning Aim D, business markets are the focus: D.D3 requires an evaluation of how changes in the market have impacted on a business, and how this might affect the reaction of the business to future changes. Evaluation likely to consist of basic description of The learners could produce powerpoint slides for their evidence, but slides are limiting so it's important they have notes view. 4. This unit gives an opportunity to teach learners about Brexit and the impact on trading internationally for UK businesses. 31463H Unit 3: Personal and Business Finance 120 100 56 41 27 13 0 31489H Unit 2: Developing a Marketing Campaign 90 70 56 41 26 13 0 31588H Unit 6/12: Principles of vocabulary 4. Examiners' reports are the communication channel between senior examiners and teachers and contain an explanation of how the senior examiners have interpreted the mark schemes as well as examples of both good and poor candidate responses. Budget For this unit it is expected that learners will work in small groups. Depending on their roles and responsibilities, managers need to develop skill sets that enable them to work effectively in areas such as the management of people, financial, resource and quality management, and the management of change. consist of basic description of information. 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. Learners should note interview responses when in the interviewer role and make a decision on whether to recruit. vegan tattoo ink pros and cons . unit 3: personal and business finance grade boundaries. 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 It is not acceptable to download these from a company website. 1898 0 obj vL1d'uIp}|8@ _$I x5`I/+\ .^%If k&I(V Jm9K$l Unit 3 is an external examination worth 35% of your final qualification The exam is in May 2020 This is a essential part of the course success and marks in this unit will have a HUGE impact on your overall achievement in the course. \quad & \text{Prepaid Insurance} \ldots\ldots\ldots & \quad & \text{4,200}\\ Posted at 18:52h in how to respond to i'll do anything for you by cotton collection made in peru. The points scores available for each external unit at grade boundaries are as follows: Unit Size 90 GLH 120 GLH Unclassified 0 0 Near Pass 6 8 Pass 9 . alternative response. The guidance below is largely taken from Senior Standards Verifier (SSV) Reports. HOMEWORK Unit 3 is an external examination worth 35% of your final qualification The exam is in May 2020 This is a essential part of the course success and marks in this unit will have a HUGE impact on your overall achievement in the course. Repair costs if needed are not covered by loan so could add to overall Key terms and definitions. lower premium offer. grade for the externally assessed unit. 6 0 obj C.Torecordpaymentofanaccruedexpense. Unit 3 Personal and Business Finance Unit 6 Principles of Management Unit 7 Business Decision Making Grade statistics The grade statistics show the number of learners who completed each qualification each year, and the proportion achieving each grade. 5. So learning the formulas is important. -Limited in transactions. They must show they understand why the business adheres to ethics and legislation, not just that there are laws to protect people. for how to apply levels-based mark schemes*. \text{\_\_\_\_\_\_2.} Ashridge, Level Mark Award up to 12 marks. & \text{Rent Expense} \ldots\ldots\ldots & \text{2,000}\\ SPECIMEN . \text{\_\_\_\_\_\_8.} In Unit 7 learners draw together learning from previous units in the qualification. Sm,I N-&K$} n{zS$IP D%IS xa$I_|e #QIW&. \text{Current assets:} & \text{ } & \text{ }\\ feature), No claims discount is protected may save money in the future if Mark schemes should be appli ed positively. D.M4 is not a comparison but an analysis - so detailed examination of different aspects and the relationship between the different factors. 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. number ______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. Unit results for BTEC National qualifications are reported on a 5 point grade scale: Distinction (D), Merit (M), Pass (P), Near Pass (N) and Unclassified (U). All learners must receive the same treatment. \text{B. document for how to a pply levelsbased mark schemes. Business enterprise Level 3 63% (8) 14. will need to recalculate the expense each year figure based \text{Income tax payable} & \text{$76,000$} & \text{$76,000$}\\ php/business-qualifications/btec-nationalsbusiness-level-3/btec-nationals-2016 www. Learners could therefore choose a different business to ones already used, or use one already researched for the other LAs. <>>> Aryan_Dawar. Timely. repair costs), Machine is owned and is an asset and shown on the Statement of Financial Total Fixed Costs / Unit Contribution. (DUH1q-}"w|2}> ,T*'+` h9s \text{\_\_\_\_\_\_7.} 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. Realistic 5 years ago. Examiners must mark the first learner . This is a popular optional unit. Content area A UNIT 3. \end{matrix} Courtesy car is an additional cost (but might not want to have this Comparing multiple options, unit sizes/prices, looking for deals, buying in bulk, Gross-hourly: rate times wage Christopher_RHEAD. \quad & \text{Interest Revenue} \ldots\ldots\ldots & \quad & \text{5,000}\\ <>/Filter/FlateDecode/ID[<587A7234B4B3B2110A00A0BE87FCFE7F>]/Index[4662 29]/Info 4661 0 R/Length 94/Prev 308944/Root 4663 0 R/Size 4691/Type/XRef/W[1 3 1]>>stream Everything you need is in this bundle, taking the stress out of teaching and planning this unit of work. 3. They should produce a survey for delegates to analyse. perception of where the grade boundaries may li e. All marks on the mark scheme should be used appropri atel y. 12 : 0 . Part A introduces learners to the context and is released before the Part B is taken. competing arguments, le ading to conclusions. supplier trying to get him to switch. In this unit learners examine marketing aims and objectives for existing products/services and understand the importance of relevant, valid and appropriate research in relation to the needs and wants of customers. 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. \text{Inventory} & \text{$1,900,000$} & \text{$1,349,000$}\\ <> So for LA C, the learners should be aiming for C.D2 where they are recommending one country for a business to operate in. So, this unit works best if learners choose contrasting businesses which originate in the UK. A. They should use at least two of these techniques for the award of C.P5 and more for the higher criteria. Attainable Unit Price x Quantity Sold. Explain what giving back and paying forward are and explain the difference between the two. Gives a more realistic valuation of the vehicles as they lose \text{Notes payable} & \text{$760,000$} & \text{$760,000$}\\ June 10, 2022 . 1833 0 obj <>/Filter/FlateDecode/ID[<0BC5FEDC42DE804896A605C58003AB09>]/Index[1820 28]/Info 1819 0 R/Length 83/Prev 341460/Root 1821 0 R/Size 1848/Type/XRef/W[1 3 1]>>stream (c) What combination of personal action and good fortune could help a person rise out of poverty? Unit 3: Personal and Business Finance Grade Unclassified Level 3 P M D Boundary Mark 0 27 43 60. 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. 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. Different insurance products: products (car, home and contents, life assurance and insurance, travel, pet, health) different types of insurance policy for each product features of different types of insurance advantages and disadvantages of different types and features. Provides lit tle evidence of appli cation and li nks between relevant endobj /t geo o#?ui4uoJ>Nkm`rz7qc5lVu3&S[C`=RF>_0|\6/5 cle ar and uses specialist te chnical language consistently. 31489H - Unit 2: Developing A Marketing Campaign : 90 . Paying forward- idea of taking things you have learned and been given and passing it on to another person Mark A set of slides produced by a group of learners is not appropriate evidence here as it is not possible to perceive individual contribution and understanding. within the levels represent the progression of these skills. 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 . %PDF-1.7 % Learners will also consider the factors that influence the implementation of these strategies. Learners dont have to design the Application Form, and this can be downloaded from a website. 12 000 1 200 = 10 800 (deduction of delivery cost), Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, Introductory Econometrics for Finance (Chris Brooks), Public law (Mark Elliot and Robert Thomas), Human Rights Law Directions (Howard Davis), Marketing Metrics (Phillip E. Pfeifer; David J. Reibstein; Paul W. Farris; Neil T. Bendle), Rang & Dale's Pharmacology (Humphrey P. Rang; James M. Ritter; Rod J. 14. 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. D.Torecordreceiptofanaccruedrevenue. A financial plan to effectively and efficiently use a person's limited resources. The learners have to complete two SWOTs for the interviewer and interviewee roles and from this information, prepare a personal skills development plan. Level Mark Descriptor Unit 3.3 Unit Assessment (Vol 1) for AQA A-Level Business in Unit & Topic Assessments This is the first exam-style and exam-standard 50 mark (60 minute) unit assessment paper for AQA A-Level Business 3.3. It is a practical unit which requires learners to produce their own recruitment documents and participate in two interviews. 4663 0 obj 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. Explain what fixed and variable taxes are and how they are different. What is the difference between fixed/constant income and variable income? To record this periods earning of prior unearned revenue} & \text{F. To record an accrued revenue. have access to the annotated research and the two pages of prepared notes to allow them to complete the task, have access to permitted software or applications, offline Office applications, such as Microsoft Office, Open Office, etc, any other offline applications, such as project planning software, calculators, spell-checkers, etc.