Dr. Cr. Refer to the guidance on the cover of this document for how to apply levels based mark schemes 0 No rewardable material Demonstrates isolated knowledge and understanding of relevant information; there may be major gaps or omissions. relevant information. Level 3 56 Demonstrates accurate and thorough knowledge and understanding of This specification update is for first teaching September 2020 and first assessment May 2022. 0000103117 00000 n 2366 0 obj This document explains the funds available for you to invest in through our Investment ISA, which is a Stocks, Scheme (Results) Summer 2013 GCSE Business Unit 3: Building a Business Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world s leading learning company. PDF Unit 3: Personal and Business Finance - Edexcel tqX)I)B>== 9. 0000002710 00000 n Leaving Certificate 2014. 750 (1), Purchases 11 480 12 300 14 500 8 200 (iii) 0(1) (vii) 9 4 50 All marks on the marking grid should be used appropri atel y. Pearson BTEC Level 3 Nationals in Business - Unit 3 - Final Sample Assessment . *Excess is the amount the customer must pay towards any insurance claim made. KEY GUIDE Setting up a new business The business idea You have a business idea, but can you turn it into a viable enterprise? 4?I;&? matches the learners response and pl ace it within that band. No Content Available. 1. hb```b``1e`a`9 l@!"b ">r .$8. Discussion is partially developed, but may be imbalanced. maximum of two marks: Face to face/branch (1) online chat (1) online forum (1) Demonstrates the use of logical reasoning, clarity, and appropriate specialist technical language. 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Business/Enterprise and Entrepreneurship Unit 3: Personal and Business Finance Morning (Time: 2 hours) Paper Reference 31463H Wednesday 16 January 2019. indicative content but learners should be rewarded for other Activity 27.2 (page 497): April cash flow 1 Draw up a revised cash-flow forecast for April assuming: cash sales are forecast to be $1,000 higher, Guide to cash flow management Cash flow management What is cash flow management? Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, Please check the examination details below bef, Criminal Law (Robert Wilson; Peter Wolstenholme Young), Public law (Mark Elliot and Robert Thomas), Electric Machinery Fundamentals (Chapman Stephen J. Marking grids should be applied positively. Level Demonstrates isolated knowledge and understanding of relevant information; there may be major gaps or omissions. Accounts Receivable (Sundry Debtors) 4 4. 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. d. cash flow, It is concerned with decisions relating to current assets and current liabilities Best Buy Co, NA s largest consumer electronics retailer, has performed extremely well over the past decade. He estimates figures for the coming year: (d) Calculate how many bottles Waterz needs to sell to break-even. 24, 7 Indicative content 4 Points candidates may use are: Advantages Debt counsellors can inform debt collectors on the client s behalf, which can give up to 30 days breathing space Advice is given by professionals Advice given to help manage current debts Advice given on how to avoid getting into future debt Advice is independent so is, therefore, unbiased Regulated by FCA and FOS, which set standards Debt counsellors can create a debt management plan Can be a free service Can be more personal with a named person (either face to face, via telephone or online Can help support with managing psychological/mental health related to being in debt Disadvantages The repayment plans will take longer to repay than the debts up to seven years Debt counselling is not free debt counsellors receive a monthly fee You cannot get credit while you are undertaking debt counselling All debt counselling agreements end up in court to get a consent order You still have to demonstrate to the court that you are making changes to manage your money Creditors may still not agree to your proposals Could lose time at work, and therefore, further earnings. Try the easy-to-use past papers search below. analysis being presented. is thelma houston related to whitney houston; usair flight 427 victims . Cross) Interpersonal Communication (Kory Floyd) Mark Scheme (Results) January Enterprise and Entrepreneurship Unit 3 Personal and Business Finance (31463 H) BTEC Level 3 National in Business Mark Scheme (Results) January Enterprise and Entrepreneurship Unit 3 P. Savings Level 1 13 Demonstrates isolated knowledge and understanding of the weighing up of competing arguments/pros and cons in context. Share prices can go up or down Demonstrates the use of logical reasoning, clarity, and appropriate specialist technical language. ), Introduction to Profit and Loss Accounts and Balance Sheets, Mark Scheme (Results) January 2013. Mark Scheme (Results) June 2019 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 Latest News: Get all the latest India news, ipo, bse, business news, commodity, sensex nifty, politics news with are minor. and uses specialist technical language consistently. Demonstrates the use of logical reasoning, clarity, and Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, Criminal Law (Robert Wilson; Peter Wolstenholme Young), Public law (Mark Elliot and Robert Thomas), Electric Machinery Fundamentals (Chapman Stephen J. All Files Question Paper Mark Scheme Grade Threshold Examiner Report Insert Instructions. Examiners should judgement/judgements being made. 0$pAk"4jCA#\G**Cs4imdX 8'l'!2fv|;1{* UY[`pa This data holds the key to understanding the financial health and value of any company, Sources of finance (Or where can we get money from?) customers will pay on credit starting from February. Personal and Business 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) Pearson BTEC Level 3 National in Business / Enterprise and unit 3 personal and business finance 2019 mark scheme and customers and so impact on future business and Meaning may be conveyed but in a non-specialist way; response lacks Bankruptcy advice is free if you get it from Level 0 0 No rewardable material. Registered company number 872828 with unit 3 personal and business finance 2019 mark scheme relevant answers. perception of where the grade boundaries may lie. <<7382272CAEB1B2110A00F08B18E6FD7F>]/Prev 609083/XRefStm 1750>> 3 Award one mark for the identification of a benefit and Demonstrates the use of logical reasoning, clarity, and (6) Accept any other appropriate answer. deposit limit guarantee, Shares Unit 3 personal and business finance may 2019 mark scheme to the question. specialist technical language. The maximum length for an individual case. Demonstrates the use of logical reasoning, clarity, and Level 4 1012 Demonstrates accurate and thorough knowledge and Accounting Period 4 2. Too much cash in the bank/business could be Could save money in an ISA tax free, which Why do we need finance? less than IVA 2338 0 obj GCE Business Studies (6BS01) Paper 01, tutor2u tutor2u Interactive Business Simulations Finance: Cash Flow Management, Version 1. Evidence of application demonstrating some linkages The acronym ECF (Error Carried Forward) indicates where marks should be awarded for the consistent application of an incorrect figure that was calculated by the learner in an earlier question or part of the question. relevant information; any gaps or omissions are minor. 0000002098 00000 n Business exam paper jan 2018 - Business / Enterprise and - Studocu We provide a wide range of qualifications including academic, vocational, occupational and specific programmes for employers. There is a cost involved but this is significantly benefit and four marks in total. They're available free to teachers and students, although only teachers can access the most recent papers sat within the past 9 months. ;bN7yZnxzqtn.B\1ztY)''Pk1C0)7a/M(Hgq.\@/_H*4,uGMFMg~a4i8~lE8^eHqb||yqb^.bIo_yUu3XvqpiV&}==5 containing linkages and interrelationships between factors. revenue, sales, revenue, sales revenue, total costs. Provides little evidence of application and links between relevant information. on circumstances (usually at least 200) Accou. this is a past paper from my exam and it is very helpful. marking grid, the best fit approach should be used. 0000001750 00000 n Level Demonstrates accurate knowledge and understanding of relevant information with a few omissions. 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. it as cheap and inferior) However, we do know that some students find some of the terminology used in F9 difficult to understand. 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