unit 3: personal and business finance grade boundaries

Importantly, it also means the learners can listen/see their performance which will help them review their performance for Learning Aim C. If this isnt possible, then a fully detailed and individual Record of Activity should support the achievement of criteria and peers can complete a Witness Statement. All of the forms required for assessment and verification can be downloaded from the web site. 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. 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} perception of where the grade boundaries may lie. \quad & \text{Prepaid Insurance} \ldots\ldots\ldots & \quad & \text{4,200}\\ demonstrating a thorough grasp of competing arguments, leading %PDF-1.5 % 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. endobj Whilst Yasin is cancelling the insurance Shirevale could make a php/business-qualifications/btec-nationalsbusiness-level-3/btec-nationals-2016 www. Posted at 18:52h in how to respond to i'll do anything for you by cotton collection made in peru. Government and private (religious and secular) organizations offer ___________. Torecordreceiptofunearnedrevenue.E. 100 marks available \text{Interest payable} & \text{0} & \text{$3,800$}\\ Unit 1 assignment 2 grade d achieved jbcjobcjo. After each exam series, the Lead Examiner for each unit writes a report to provide feedback to teachers. BaakliniC10019. Management of business (planning, monitoring and controlling). ______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. Express each amount as a percentage of total assets for that year. 12523 Comments Please sign inor registerto post comments. We dont want comprehensive coverage of one business with sparse coverage in the contrasting business. 12 ; Merit 15 20 . 31463 MARK Scheme JAN 2021 - Pearson BTEC Level 3 Nationals in Business Unit 3 Personal & Business Finance: Identify question Jan 2018 A valid assignment will enable a clear and formal assessment outcome based on the assessment criteria. We set grade boundaries for each grade, at Distinction, Merit and Pass. }\\ 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. R efer to the guidance on the cover of this \text{Stockholders' equity:} & \text{ } & \text{ }\\ Unit 3: Personal and Business Finance All learners must receive the same treatment. \text{Long-term assets:} & \text{ } & \text{ }\\ arguments/pros and cons in context. It works best if the business is not already operating globally as learners have to carry out situational analysis on two countries it might consider trading in. Measurable Evidences thorough application leading to a balanced analysis 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 understanding of relevant inf ormation; any gaps or omissions Learners need to understand the financial decisions they will need to take throughout life. \text{Notes payable} & \text{$760,000$} & \text{$760,000$}\\ 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. 9 Award one mark for identification of an advantage for the alternative response. In class example, twice as much because you are paying not only for the item you purchased but the right to borrow the money as well (interest). Btec business unit 3 - 10 pdf files | Past Papers Archive relevant information with a few gaps or omissions. Evidence of application demonstrating some linkages and & \text{G. To record this periods use of a prepaid expense. Something like a raffle is too simple and not suitable. unit 3: personal and business finance grade boundaries Business. Logical reasoning evidenced throughout response which is perception of where the grade boundaries may lie. 4 Introduction The controlled conditions for this unit allow learners to: Learners must not have access to the Internet, email, or any other resources aside from their permitted notes. Allow you to retire earlier For example, if the grade boundary for a Distinction is 29, then 29 is the minimum mark atwhich a Distinction can be achieved. dr awing on linkages and interrel ationships between factors. <> Torecordreceiptofanaccruedrevenue.H. \quad & \text{Interest Payable} \ldots\ldots\ldots & \quad & \text{1,000}\\ Torecordanaccruedexpense.B. All the marks on the mark scheme are designed to be awarded. this document for how to a pply levelsbased m ark Pearson BTEC Level 3 Nationals in Business - Unit 3 - January 2020 . For LA D, the requirement is about cultural factors which generally will affect international businesses and learners don't have to apply this to a named business, but they can of course give examples. 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. 3. \text{Accounts receivable} & \text{$856,000$} & \text{$999,400$}\\ {{navigationJson.popularQualificationtitle}}, {{navigationJson.qualificationcolumnTitle1}}, {{navigationJson.qualificationcolumnTitle2}}, {{navigationJson.qualificationcolumnTitle3}}, Go to the assessment and verification forms, Unit 1: Sample Marked Learner Work for Learning Aim A and B, (Pass) - Exploring Business (Version 1 November 2015), /content/dam/secure/silver/all-uk-and-international/btec-nationals/business/2016/internal-assessment/Sample_Marked_Learner_Work_for_Learning_Aim_A_and_B_Pass_Unit_1_Exploring_Business_Version_1_November_2015.pdf, Unit 1: Sample Marked Learner Work for Learning Aims C and D, (Merit) - Exploring Business (Version 1 July 2016), /content/dam/secure/silver/all-uk-and-international/btec-nationals/business/2016/internal-assessment/Sample_Marked_Learner_Work_for_Learning_Aims_C_and_D_Merit_Unit_1__Exploring_Business_(Version_1_July_2016).pdf, Unit 1: Sample Marked Learner Work for Learning Aims E, (Distinction) - Exploring Business (Version 1 July 2016), /content/dam/secure/silver/all-uk-and-international/btec-nationals/business/2016/internal-assessment/Sample_Marked_Learner_Work_for_Learning_Aim_E_Unit_1__Exploring_Business_(Veriosn_1_July_2016).pdf, Preparing learners for external assessment, Understanding BTEC External Assessment Mark Schemes, (Teaching Services team | Mon-Fri, 9am - 5pm GMT), {{translateWord(navigationJson.covidTitle)}}, {{translateWord(navigationJson.subjectTitle)}}, {{translateWord(navigationJson.qualificationTitle)}}, {{navigationJson.qualificationcolumn1CTAtext}}, {{navigationJson.qualificationcolumn2CTAtext}}, {{navigationJson.qualificationcolumn3CTAtext}}, {{translateWord(navigationJson.supportTitle)}}, {{translateWord(navigationJson.aboutusTitle)}}, {{translateWord(navigationJson.contactusTitle)}}, Unit 2 Developing a Marketing Campaign (31489H), Unit 3 Personal and Business Finance (31463H), BTEC National Certificate in Business (180 GLH), BTEC National Extended Certificate in Business (360 GLH), BTEC National Foundation Diploma in Business (510 GLH), BTEC National Diploma in Business (720 GLH), BTEC National Extended Diploma in Business (1080 GLH), Join the BTEC Business and Enterprise Facebook group. Torecordanaccruedrevenue.C. 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. (2nd essay question). 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 2. Personal finance involves the understanding of why money is important and how managing money can help prevent future financial difficulties. number are minor. \text{Common stock} & \text{$786,600$} & \text{$786,600$}\\ 3 0 obj 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. 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. Two contrasting UK businesses operating in contrasting markets are required. 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. \text{Less: Accumulated depreciation} & \underline{(380,000)} & \underline{(190,000)}\\ Recent flashcard sets. The specification states on the first page: Learners study how UK businesses develop strategies to trade globally. 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. BTEC BUSINESS Unit 3 Personal and Business Finance - SlideToDoc.com 1898 0 obj information. Timely. stream Meaning may be conveyed but in a non-specialist way; response lacks D.Torecordreceiptofanaccruedrevenue. 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. 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. \text{D. To record receipt of an accrued revenue.} arguments/pros and cons in context; discussion likely to

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