discretion of the company. Logical reasoning evidenced throughout response which is clear and uses specialist technical language consistently. Evidences the weighing up of competing arguments/pros and cons in context. (Specification 2120) Unit 2: Financial and Management Accounting, Chapter 2 Balance sheets - what a company owns and what it owes, Sources of finance (Or where can we get money from? 28, 11 Indicative content 6 Considerations of cost vs benefits offered (12) Annual Premium Royal Insurance is most expensive Ashridge Insurance is cheapest Compulsory Excess Ashridge has lowest excess Westshire has highest excess Learners could consider impact of multiple claims Legal Assistance Learners might consider the benefit of legal assistance given that Mike is a qualified lawyer Replacement Keys Consideration of the of key holders which increases likelihood of a lost key If replacement locks and keys are needed, cost saving will be greater if they are covered Alternative accommodation If alternative accommodation is needed, the cost of alternative accommodation could be expensive and so greater benefit to have this included. Crossed-out work should be marked UNLESS the learner has replaced it Learning outcomes for the Diploma in Business Competence (EBCL), STATEMENT OF CHANGES IN FINANCIAL POSITION, Chapter Objectives. Total Marks. Level 3 56 Demonstrates accurate and thorough knowledge and uP@YVX 8;G}Ei>3TTPzJac# .6H3g`s4bd, H3]Q` w In each case, identify whether the transaction is an example of financing, investing or operating, Glossary of Accounting Terms Account - Something to which transactions are assigned. thorough grasp of competing arguments/pros and cons in context. Examiners should first make a holistic judgement on which band most closely After 5-6 years the rest of the debt is written off omissions are minor. Assessment is presented leading to judgements on significance but some may be lacking support. She knows endstream endobj 123 0 obj <>stream Level 2 46 Demonstrates accurate knowledge and understanding of 0!'/6*`e5cv39``XBB R 2 Award one mark for any of the following up to a - The current assets figure is either 952, 7 009 or 7 637, Award 2 marks for giving the formula in numbers that included the Entrepreneurship - BTEC Level 3 in Business qualification Page 19/52 ( B has! 1 Award one mark for any of the following up to a Displays a balanced evaluation demonstrating an awareness of competing arguments, leading to conclusions. Mark Scheme (Results) January 2019 BTEC Level 3 National in Business / Enterprise and Entrepreneurship Unit 3: Personal and Business Finance (31463H) . endobj Components and Format of the Cash Flow Statement 3 3. For further information visit our qualifications websites at or for our BTEC qualifications. . Lynne is self-employed. Demonstrates the use of logical reasoning, clarity, and guidance to members of the public. Reasons for Using Credit. For a business to be successful, good cash flow management is crucial. appropri ate specialist technical language. PDF Pearson BTEC Level 3 Nationals External Assessment Past papers | Past exam papers | Pearson qualifications - Edexcel refusal to supply, leads to inability to make products trailer The mark awarded within the band will be decided based on the quality of the information. learners response, a senior examiner should be consulted. Level 1 12 Demonstrates isolated knowledge and understanding of relevant Level 3 56 Demonstrates accurate and thorough knowledge and understanding of less Provides little evidence of weighing up of competing arguments/pros and cons in context; discussion likely to consist of basic description of information. Examiners should mark according to the marking grid, not according to their OR Award up to 1 mark for formula in words or s: Inventory turnover = Average inventory/cost of sales x 365 days Inventory turnover = (opening inventory + closing inventory/2)/cost of sales x 365 days Inventory turnover = (( )/2) / x 365 AND Award a further 1 mark for the correct calculation of average inventory: 661 AND Award a further 1 mark for using an incorrect average inventory figure (ECF) to calculate inventory turnover OR Award 2 marks for giving the correct formula in s that included the calculation of average inventory without showing the working: 661 / x, 16 Answer 9 (a)(ii) Award 3 marks for correct response of: 0.9:1 0.85: : (3) Accept response that is given to more accurate decimal places. Pearson Edexcel GCE In Applied Business (6925) Paper 01, Mark Scheme (Results) November 2013. Plan purchases to avoid unnecessary spending (1) Answer ALL questions. 2338 0 obj Money can usually be accessed easily but affects Dr. Cr. You do not need creditor approval to go bankrupt. ), Marketing Metrics (Phillip E. Pfeifer; David J. Reibstein; Paul W. Farris; Neil T. Bendle), Principles of Anatomy and Physiology (Gerard J. Tortora; Bryan H. Derrickson), Human Rights Law Directions (Howard Davis), Rang & Dale's Pharmacology (Humphrey P. Rang; James M. Ritter; Rod J. 27Forecasting cash flows 27Activity 27.1 open-ended question. Logical reasoning evidenced throughout response which is clear and uses specialist technical language consistently. increases return clear and uses specialist technical language consistently. Accou. Mark scheme (award up to 8 marks) refer to the guidance on the cover of this Meaning may be conveyed but in a non-specialist way; response lacks clarity and fails to provide an adequate answer to the question. information; there may be major gaps or omissions. recorded on the Insolvency Register endobj maximum of two marks for each benefit and four marks Level 0 0 No rewardable material. relevant information; any gaps or omissions are minor. Demonstrates the use of logical reasoning, clarity, and appropriate endobj <>stream Demonstrates the use of logical reasoning, clarity, and appropriate specialist technical language. inefficient, not gaining interest, could be used Business / Enterprise and Analysis likely to consist of basic We provide a wide range, Pearson BTEC Level 3 Nationals in Art and Design Unit 6: Managing a Client Brief Sample Assessment Materials (SAMs) For use with: Diploma in Photography Diploma in Graphics Diploma in 3D Design and Crafts, Scheme (Results) Summer 2012 GCSE Business (5BS03) Paper 01 Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world s leading learning company. BTEC-Foundation-Diploma-in-Art-and-Design . hUmO@+q{PR(t(Z*@!6STI Me? Level 3 8-10 Demonstrates accurate and thorough knowledge and After the IVA has ended, the restrictions are less 0000002098 00000 n Meaning may be conveyed but in a non-specialist way; telephone (1) mobile app (1) postal (1) email (1). Financial management: Meaning, scope and role, a brief study of functional areas of financial management. clarity and fails to provide an adequate answer to the question. Pearson Edexcel International GCSE Mathematics A (4MA0/3H) Paper 3H, Mark Scheme (Results) Summer 2014. GCSE Applied Business (5AB04) Paper 01, Mark Scheme (Results) Summer 2013. 41, 28 scheme (award up to 12 marks) refer to the guidance on the cover of this document for how to apply levels-based mark schemes*. The maximum length for an individual case. Evidence of application demonstrating some linkages and Evaluation is presented leading to conclusions but some may be lacking support. Assets 4 5. which marks will be awarded. We provide a wide. appointment, Westshire Yes Online GP service Logical reasoning evidenced throughout response which is clear and BTEC Nationals Enterprise and Entrepreneurship (2016) - Edexcel E xaminers must mark the first @L@H,@BHH b a$@zq3 } DtI\:&q!G7+>5/>|8 }g[~2Dm4WQ{vatq!Eo4UD. according to how securely all bullet points are displayed at th at band. Judgements on significance may be presented, but are likely to Answers may cover some or all of the indicative content but Evidences thorough application containing linkages and Total cost = total variable cost + total fixed costs (1) or drawing on linkages and interrelationships between factors. Business exam paper jan 2018 - Business / Enterprise and - Studocu Ensure bills are paid (1) to avoid legal on linkages and interrelationships between factors. arguments/advantages and disadvantages. understanding of relevant information; any gaps or omissions appropriate specialist technical language. Marks will be awarded towards the top or bottom of that band, depending on relevant information; there may be major gaps or omissions. Mark Scheme (Results) January 2019 BTEC Level 3 National in Business / Enterprise and Entrepreneurship Unit 3: Personal and Business Finance (31463H) A1 Functions and role of money.pptx. hwTTwz0z.0. marking grid, the best fit approach should be used. The FASB is a nongovernmental, professional standards, Coimisin na Scrduithe Stit State Examinations Commission Leaving Certificate 2014 Marking Scheme Accounting Higher Level Note to teachers and students on the use of published marking schemes Marking, Mark Scheme (Results) Summer 2012 GCE Business Studies (6BS01) Paper 01 Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world s leading learning company. appropriate specialist technical language. Write your answers in the spaces provided. judgement/judgements being made. A-LEVEL BUSINESS Paper 3 Specimen Assessment Material. Evidences thorough application leading to a balanced schemes should be applied positively. sales Applied Business BS03. analysis being presented. IVA Advantages Business Law: Text and Cases (Kenneth W. Clarkson; Roger LeRoy Miller; Frank B. Assessment is presented leading to judgements on significance (4) Credit union is protected by FSCS (1) which means savers will not lose money up to (1) Members have a common interest (1) so decisions made should benefit all members (1) Credit unions usually offer lower interest rates to borrowers (1) so can offer better deals to customers (1) as they do not have shareholders to pay dividends to (1). Lynne has researched the following four health insurance policies. interrelationships between factors leading to an analysis containing linkages and interrelationships between factors. Accounts in MYOB are in one of eight categories: Asset Liability Equity Income Cost of sales Expense Other income Other, SUBJECT: ACCOUNTING GRADE 12 CHAPTER: COMPANIES LESSON: ANALYSIS AND INTERPRETATION-RATIOS LESSON OVERVIEW (KNOWLEDGE AREAS) LESSON 1. Evaluation is presented leading to conclusions but some may Evidences the consideration of competing arguments/ Meaning may be conveyed but in a non-specialist way; Mark Scheme (Results) January Enterprise and Entrepreneurship Unit 3 unit 3 personal and business finance 2019 mark scheme The examination paper looked at many areas of the syllabus and a consideration, Interpretation of Financial Statements Author Noel O Brien, Formation 2 Accounting Framework Examiner. She is considering buying private health insurance because more quickly (1) so you can increase Displays a well-developed, balanced and coherent evaluation, GCSE Business Unit 3: Building a Business. Displays a balanced evaluation demonstrating an awareness of competing arguments, leading to conclusions. Users must also have Macromedia Flash Player, Version 1 Genera al Certificate of Education January 20122 (A-level) Accou unting ACCN3 (Spec cification 2120) Unit 3: Further Aspec cts of Financial Accounting Final Mark Schemee Mark schemes are prepared, Working Capital Management Nature & Scope Introduction & Definitions Components of Working Capital Significance of Working Capital Operating Cycle Types of Working Capital Net Vs Gross Working Capital. Demonstrates the use of logical reasoning, clarity, and General Certificate of Secondary Education January 2013. Business Studies. Accept formula in either words or figures. Could save money in an ISA tax free, which Each paper follows the format of the examination. Bank has reduced by ( including overdraft) Higher inventories forecast in March 2019 spending more cash in order to stock the van Overdraft fees may be charged Interest may be charged on any overdraft Positive impact Trade payables have increased by meaning he has extended credit with his suppliers the business could be working more efficiently/making better use of its resources The biggest impact of the planned purchase of the van will be on non-current assets, reducing liquidity, however other trends such as trade payables will have a positive impact. Level Demonstrates accurate and thorough knowledge and understanding of relevant information; any gaps or omissions are minor. response lacks clarity. howimportant it is to control her finances and has asked you for advice about her Logical reasoning evidenced throughout response which is clear and = 78912 (OFR) No aliens - 9654(OFR) No aliens Secured debts can be included. 119 0 obj <> endobj that if she is awarded these, she will need to expand her business quickly. 5 Answers will be credited according to the learners 365 (1) or Learners must be rewarded for what they have shown they can do, rather than be penalised for omissions. Level Demonstrates accurate and thorough knowledge and understanding of relevant information; any gaps or omissions are minor. Evidences thorough application leading to balanced evaluation drawing on linkages and interrelationships between factors. sales, Award one mark for calculation of original cost of sales. Crossed-out work should be marked UNLESS the learner has replaced it with an alternative response. hUkO0+& !Hk)Mlxm6#)$J}s)PBQHu dE@"10I)Iv; Zu}tH_9 lCG&+G[r-8`vVZej_Q}u2_[p?8vYg09[F{+^~r1t)fd-!M!4lWMkkB=*m^E^t:~) Zn1#w7>d8-ME&4&. You hand control of your finances over to an possibly profit how they have evidenced e ach of the descriptor bullet points. Listed below are eight transactions. Analysing Performance - The Balance Sheet. There is no expectation of learners to perform calculations although there is an expectation that learners will observe trends. document for how to apply levels-based mark schemes*. Mark Scheme (Results) Summer 2014 Pearson Education GCE in Business Studies (6BS02/01) Unit 2A: Managing the Business Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, Mark Scheme (Results) Summer 2013 GCE Business Studies/Economics and Business (6BS01/01-6EB01/01) Unit 1: Developing New Business Ideas Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come, Mark Scheme (Results) Summer 2012 GCSE Applied Business (5AB04) Paper 01 Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world s leading learning company. savings, More likely to have dependants so higher outgoings Current qualifications are live qualifications that are available for teaching and studying. PDF Mark Scheme (Results) June 11 (a) Complete the revised cash flow forecast for Chipvale Gifts using the Savings BTEC Business Enterprise and Entrepreneurship 31463 H Add SAM - Studocu Setting up a business 2. Lower amount of cash in hand. and cons in context; discussion likely to consist of basic description of information with a few omissions. Evidence of application demonstrating some linkages and interrelationships between factors leading to an analysis being presented. information with a few gaps or omissions. Demonstrates the use of logical reasoning, clarity, and Accounting Period 4 2. Demonstrates the use of logical reasoning, clarity, and appropriate specialist technical language. WORKING CAPITAL MANAGEMENT What is Working Capital Working capital management is the set of activities that are required to run day to day operations of the business to ensure that cash is adequate to, FCS5510 Sample Homework Problems Unit04 CHAPTER 8 STOCK PROBLEMS 1. Dr. Cr. Discussion is partially developed, but will be imbalanced. Certain job roles will be affected, e. ef fectively (1), Can move money between accounts Typically for more long-term goals four years or BTEC Level 3 National in Business / Enterprise and Entrepreneurship Business Decision Making 31589H. %PDF-1.5 % Pearson Edexcel GCSE In Mathematics A (1MA0) Higher (Calculator) Paper 2H, Mark Scheme (Results) Summer 2013. International GCSE Commerce (4CM0), Mark Scheme (Results) Summer 2014. Provider Cancer cover Extra benefits Excess * Annual policy cost , Shirevale No Fast track GP Mark scheme (award up to 6 marks) re fe r to the guidance on the cover of this document for how to apply levels-based mark schemes*. Demonstrates the use of logical reasoning, clarity, and appropriate Level Mark Descript or. Doesnt cover secured debt, Could be forced to remortgage to free up equity and. We provide. Evidence of application demonstrating linkages and Examiner s report F9 Financial Management June 2011 General Comments Congratulations to candidates who passed Paper F9 in June 2011! Level Descriptor Level 0 0 No rewardable material. We provide, PROFITABILITY ANALYSIS The following financial statements for Spencer Company will be used to demonstrate the calculation of the various ratios in profitability analysis. Level Demonstrates accurate knowledge and understanding of relevant information with a few omissions. Mark Schemes CIE IGCSE Business Studies Paper 1 Summer & Winter 2012 to 2015 . Judgements on significance may be presented, but are likely to be generic assertions rather than supported by evidence. use this as a guide as to how much time to spend on each question. 31, 15 9(a)(i) Answer Award 3 marks for correct answer of: 6 days 6.1 days 6.09 days (3) Accept response that is given to more accurate decimal places. The indicative content that follows is not response l acks clarity. relevant information with a few minor omissions. unting. Level Demonstrates accurate knowledge and understanding of relevant information with a few omissions. The foundations you put in place, Managing Finance (MNGFIN) Week 8: Raising and managing working capital Raising capital There is no textbook reading for this topic. Conclusions may be presented, but are likely to be generic If you don't have an Edexcel Online account, please contact your Exams Officer. She Differences and similarities between specific industries (oil, gas, electricity, etc.) Provides little evidence of application and links between relevant information. Logical reasoning evidenced throughout response which is Untangling F9 terminology Welcome! When examiners are in doubt regarding the application of the marking grid to a Short Term Credit Management To evaluate reasons for and against using credit and decide whether or not credit is appropriate for you. Discussion is partially developed, but will be imbalanced. PDF Enterprise / Marketing Unit 3: Personal and Business Finance - Edexcel judgement/judgements being made. of your investment Evidences thorough application leading to a balanced analysis made. have to sell the shares and could lose money 2336 0 obj Displays a well-developed, balanced and coherent evaluation, demonstrating a thorough grasp of competing arguments, leading to supported conclusions. depending on how they have evidenced each of the descriptor bullet relevant information with a few omissions. Balance Sheet and Trading and Profit and Loss Account in the module titled, Unit 2: Finance for Business Level: 1 and 2 Unit type: Core Guided learning hours: 30 Assessment type: External Unit introduction All businesses have to spend money before they can make a profit, and when, 12 FINAL ACCOUNTS For most businesses, the final accounts, which are produced at the end of each financial year, comprise: trading account profit and loss account balance sheet Final accounts can be presented, Your Options A simple guide to available debt options Contents Welcome 3 Our Customer Service Charter 3 Protected Trust Deeds 4 Debt Arrangement Scheme 6 Sequestration 8 Debt Management Plan 10 Minimal. OR Award 1 mark for formula in words or s: Current ratio = current assets / current liabilities Current ratio = ( ) / AND Award 1 mark for the correct calculation of current assets: AND Award 1 ECF mark for using an incorrectly calculated current assets figure to calculate the current ratio Only award the ECF mark if: The current liabilities figure is AND The current assets figure is either 952, or OR Award 2 marks for giving the formula in s that included the calculation of current assets without showing the working 28 Current ratio = / 9 136, 17 Answer 9 (a)(iii) Award 2 marks for the correct response of 6% Accept with or without % sign Accept to a more accurate decimal place (eg ) Accept correct answer anywhere in workings box (2) OR Award 1 mark for providing the formula in words or s: - (Profit / revenue) x (5 667 / ) x 100 Accept answers with or without brackets. Total shares at the end of ten years is 100*(1+5%) 10 =162.9. They are cooperatives (1) because they are controlled by members (1) Accept any other appropriate answer. They're available free to teachers and students, although only teachers can access the most recent papers sat within the past 9 months. Level 1 13 Demonstrates isolated knowledge and understanding of GCE Core Mathematics 2 (6664/01R), Sample Assessment Materials (SAMs) Pearson BTEC Level 3 Nationals in Art and Design. However, it might not lead to more sales and revenue, Level 0 0 No re wardable material. Displays a well-developed and balanced discussion, demonstrating a interrelationships between factors leading to a judgement/judgements 0000001750 00000 n Premium Services. Examiners should always award full marks if deserved, i.e. learners should be rewarded for other relevant answers. 0000103117 00000 n Learners will be placed in the band that best describes their answer. Mark Scheme (Results) Summer 2017 BTEC Level 3 National in Business / Enterprise and Entrepreneurship Unit 3: Personal and Business Finance (31463H) Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world's leading learning company. Which industry, Chapter Objectives Chapter 6. demonstrating a thorough grasp of competing arguments, leading to (10) In December 2018, current ratio was 0.85:1 and liquid capital ratio was 0.84:1. <>/Filter/FlateDecode/ID[<82656628B0B1B2110A00F08B18E6FD7F>]/Index[2335 22]/Info 2334 0 R/Length 84/Prev 448835/Root 2336 0 R/Size 2357/Type/XRef/W[1 3 1]>>stream 1. An important component of most introductory financial accounting programmes is the analysis and interpretation, Financial Statements The financial information forms the basis of financial planning, analysis & decision making for an organization or an individual. Business / Enterprise and Entrepreneurship Level 3 Nationals 31463H Unit 3: Personal and Business Finance Pearson: helping people progress, everywhere Our aim is to help everyone progress in their lives through education. 1 . 2 Give two areas of expertise where Citizens Advice might provide personal finance Course Title: Entrepreneurship: The Venture, Grade 11, College Preparation Course Name: International Business Fundamentals Course Code: BDI3C Grade: 11 Course Type: College Preparation Credit Value: 1.0 Prerequisite: None Curriculum Policy Document: Business Studies, The Ontario Curriculum, Grades 11 and 12, 2006 (Revised) Analysing Performance, Pearson Edexcel Level 5 NVQ Diploma in Management (QCF) Specification. Exceptionally Priced. 38, 25 Indicative content 13 Observations In March 2019, the current ratio is forecast to be 0.09:1 and liquid capital ratio is forecast to be 0.04:1. Chanes de valeur : fournisseurs-clients, partenaires technologiques et commerciaux. Please note that the past paper search on this page is for unmodified formats only. Question papers, mark schemes and examiner reports for the most recent exam sessions (within the last 9 months) can be accessed only by registered centres. Financial Ratios and Quality Indicators From U.S. Small Business Administration Online Women's Business Center If you monitor the ratios on a regular basis you'll gain insight into how effectively you, Business Studies - Financial Planning and Management Study Notes Financial Planning and Management Study Notes: The Role of Financial Planning: The strategic role of financial management: Organisational, CPA MOCK Evaluation End of Core 2 (combined Core 1 and Core 2) Page 1 Overview The Core 1 and 2 examinations are a mix of objective format and case questions.

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