uses specialist technical language consistently and fluently. 0000004708 00000 n There is no expectation of learners to perform calculations although there is an expectation that learners will observe trends. Examiners should first make a holistic judgement on which band most closely matches the learner s response and place it within that band. document for how to apply levels-based mark schemes*. There are two types of banks, commercial banks, GCSE BUSINESS STUDIES 413002 Growing as a Business Mark scheme 4133 June 2014 Version 1.0 Final Mark schemes are prepared by the Lead Writer and considered, together with the relevant questions, by a panel, Foundations in Financial Management (FFM) September 2016 to June 2017 This syllabus and study guide is designed to help with teaching and learning and is intended to provide detailed information on what, KEY GUIDE Setting up a new business The business idea Some of the decisions and actions that you take when starting a business can have significant effects for some time. 100 on existing events Mark Scheme. Accept formula with sales, sales revenue or turnover instead of revenue. interrelationships between factors leading to a Sales revenue: 65303 + 13609 = 78912 (1) 0000002484 00000 n interrelationships between factors leading to an analysis waiting times for medical treatment can be quite long. unit 3 personal and business finance 2019 mark scheme. As a form of insolvency an IVA is still publicly marking grid, the best fit approach should be used. Recording journal, Version 1.0 General Certificate of Education (A-level) Applied June Applied Business BS03 (Specification 8611/8613/8616/8617/8619) Unit 3: Financial Planning and Monitoring (External Test) Mark Scheme, ICASL - Business School Programme Quantitative Techniques for Business (Module 3) Financial Mathematics TUTORIAL 2A This chapter deals with problems related to investing money or capital in a business, SAMPLE QUESTION PAPER IN ACCOUNTANCY Time: Three Hours Maximum Marks: 100 Note: The question paper is divided into two sections A and B. be able to retain it elsewhere to fund expansion. 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. 31463H Wednesday 17 January 2018 - Afternoon Paper Reference Time: 2 hours. deposit limit guarantee, Shares modified according to how securely all bullet points are displayed at Discussion likely to consist of basic description of information and is 1 Award one mark for any of the following up to a (3), (e) Discuss the advantages and disadvantages that completing a break-even analysis Evidence of application demonstrating some linkages and interrelationships between factors leading to a judgement/judgements being made. Disadvantages of Using Credit. Try the easy-to-use past papers search below. Total Marks. Demonstrates the use of logical reasoning, clarity, and appropriate specialist technical language. Displays a well-developed and balanced discussion, demonstrating a thorough grasp of competing arguments/pros and cons in context. Ombudsmen Service (FOS) (1). s will be awarded towards the top or bottom of that band depending on how they have evidenced each of the descriptor bullet points. 42, 30 For more information about Edexcel, BTEC or LCCI qualifications visit qualifications.pearson.com BTEC is a registered trademark of Pearson Education Limited Pearson Education Limited. You are likely to keep your house and other assets, rather than supported by evidence. If both correctly plotted but not labelled then 1 mark Level Demonstrates accurate knowledge and understanding of relevant information with a few omissions. an swer, in response to the assessment focus/outcome and will be modified 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. We provide, Mark (Results) Summer 01 GCE Core Mathematics (6664/01R) Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world s leading learning company. Modles et plan d'affaires. This is an important part of your studies, and you will need to be able to prepare. Displays a balanced evaluation demonstrating an awareness of competing arguments, leading to conclusions. Which industry, Chapter Objectives Chapter 6. thorough grasp of competing arguments/pros and cons in context. Short Term Credit Management To evaluate reasons for and against using credit and decide whether or not credit is appropriate for you. understanding of relevant information; any gaps or omissions that if she is awarded these, she will need to expand her business quickly. Judgements on significance may be presented, but are likely to be generic assertions rather than supported by evidence. 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Evidence of application demonstrating some linkages and arguments/pros and cons in context; discussion likely to consist of <>stream are minor. The mark awarded within the band will be decided based on the quality of the answer in response to the assessment focus/objective and will be modified according to how securely all bullet points are displayed at that band. An investor buys 100 shares if a $40 stock that pays a annual cash dividend of $2 a share (a 5% dividend yield) and signs up for the, To make this website work, we log user data and share it with processors. 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This is because the assessment material was reused from the cancelled summer 2020 examination series. 750 (1), Purchases 11 480 12 300 14 500 8 200 (iii) 0(1) (vii) 9 4 50 0000004533 00000 n relevant information; there may be major gaps or (5) Notes for markers Sales Opening inventory 162 Purchases Closing inventory (i) (214) (1) Accept closing inventory as either positive or negative. startxref Accounts Payable are the total amounts your business owes its suppliers for goods and services purchased. Pearson Edexcel GCSE in Mathematics Linear (1MA0) Higher (Non-Calculator) Paper 1H, Mark Scheme (Results) June 2015. Total shares at the end of ten years is 100*(1+5%) 10 =162.9. Rows in the grids identify the assessment focus/outcome being targeted. Logical reasoning evidenced throughout response which is clear and uses specialist technical language consistently. 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. Discussion is partially developed, but will be imbalanced. We provide a wide range of qualifications including academic, vocational, occupational and specific programmes for employers. one additional mark for the appropriate expansion to a Unit 6: Managing a Client Brief, Mark Scheme (Results) Summer 2012. on linkages and interrelationships between factors. We provide a wide range, 27Forecasting cash flows 27Activity 27.1 open-ended question. 0000005140 00000 n interrelationships between factors leading to a judgement/judgements The mark awarded within the band will be decided based on the quality of the 2346 21 so, I think it would be useful for a lot of students studying btec level 3 business please check the Skip to document Ask an Expert Sign inRegister Sign inRegister Home debt counsellors (1) websites e. MoneySavingExpert (1) 31463h business mark scheme. Indicative content reflects specific content-related points that a learner might make. Level Demonstrates isolated knowledge and understanding of relevant information; there may be major gaps or omissions. Provides little evidence of application and links between hb```b``1e`a`9 l@!"b ">r .$8. It is recorded publicly on the Insolvency Register It earns no, A guide to help you make the most of Your Choice Employee Guide This guide is to help you understand a bit more about Your Choice. Negative impact Between December 2018 and forecast March 2019 non-current assets will have increased considerably by the planned purchase of the van, reducing liquidity. telephone (1) mobile app (1) postal (1) email (1). Displays a well-developed and balanced discussion, 1 Scheme (Results) January 2019 BTEC Level 3 National in Business / Enterprise and Entrepreneurship Unit 3: Personal and Business Finance (31463H), 2 Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world s leading learning company. endobj 29, 18 Answer mark 9 (b) Award 3 marks for the correct answer of Accept correct figure without pound sign, i.e Accept correct answer anywhere in workings box (3) OR Award up to 1 mark for formula in words or s: Break even = Fixed costs / selling price variable cost per unit Break even = Fixed costs / contribution per unit Break even = Fixed costs / (3.80 ( )) Break even = Fixed costs / ( ) Break even = Fixed costs / = Fixed costs / 2.70 Accept any other appropriate representation of these formulae. 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. less al ways award fu ll marks if deserved. Answers may cover some or all of the be lacking support. Pay special attention to the additional Web-based materials and journal, ICAP GROUP S.A. FINANCIAL RATIOS EXPLANATION OCTOBER 2006 Table of Contents 1. Could lead to cash flow problems, need money for Home. (1) Money Advice Service (1) comparison websites (1) unit 3 personal and business finance 2019 mark scheme. relevant information with a few omissions. In this chapter we will examine in detail how a cash budget is prepared. They are cooperatives (1) because they are controlled by members (1) Accept any other appropriate answer. Meaning may be conveyed but in a non-specialist way; response lacks clarity and fails to provide an adequate answer to the question. cts of. Demonstrates the use of logical reasoning, clarity, and Pearson BTEC Level 3 Nationals Extended Certificate 31463H Business / Enterprise and Entrepreneurship Unit 3: Personal and Business Finance P51732A 2017 Pearson Education Ltd. 1/1/1/1/1/1/1 Instructions Use black ink or ball-point pen. BTEC Business Enterprise and Entrepreneurship 31463 H Add SAM Jan 2021 QP - S68483A0120 Turn over - Studocu this is a past paper from my exam and it is very helpful. Plan purchases to avoid unnecessary spending (1) Level 2 34 Demonstrates accurate knowledge and understanding of relevant less than IVA \Rwl Ensure timely payments (1) to maintain/improve Attempt all questions of Section A and any one question of Section, Multiple Choice Questions 1. MODULE - 6A Analysis of Financial Statements. Certain job roles will be affected, e. Provides little evidence of weighing up of competing Demonstrates the use of logical reasoning, clarity, and appropriate specialist technical language. %%EOF and between different industry segments (exploration, production, retail, etc.) and interrelationships between factors leading to an 6 Answers will be credited according to the learners demonstration of Examiners Report June 2013 GCSE Design and Technology Graphic Products 5GR02 01 Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the UK s largest awarding body. 0 unting. Cash Flow Statement. Demonstrates the use of logical reasoning, clarity, and leads to reduction in sales and poor service is thelma houston related to whitney houston; usair flight 427 victims . Pearson Edexcel International GCSE Mathematics A (4MA0/3H) Paper 3H, Mark Scheme (Results) Summer 2014. Phnomne de l'entrepreneuriat. Evidence of application demonstrating linkages and interrelationships between factors leading to a supported judgement/judgements being made. 0000103636 00000 n more quickly (1) so you can increase We provide. Accounts Receivable (Sundry Debtors) 4 4. relevant information. Evidences 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. Bankruptcy Disadvantages Evidences thorough application containing linkages and interrelationships between factors leading to a judgement/judgements being made. Provides little evidence of weighing up of competing arguments/pros and cons in context; discussion likely to consist of basic description of information. they desire (e. new phone / games console), Less likely to have much essential spending, Provides online GP support service, which may speed up any process that. VG"Jmtp ,G 9QjK"[gaa` ,d56W@mm$0"~lQs|U!AE0>a^E# pT for weddings Short-Term Liquidity Analysis. %PDF-1.5 % 11 (a) Award one mark for each as shown. 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. and uses specialist technical language consistently and Spencer Company Comparative Balance, CHAPTER 17 Financial Management Chapter Summary: Key Concepts The Role of the Financial Manager Financial managers Risk-return trade-off Executives who develop and implement their firm s financial plan, Chapter 2 Financial Statement and Cash Flow Analysis Answers to Concept Review Questions 1. Learning Objectives FI3300 Corporation Finance Spring Semester 2010 Dr. Isabel Tkatch Assistant Professor of Finance Explain the objectives of financial statement analysis and its benefits for creditors, A) Liquidity Ratio : - Ratio Analysis 1) Current ratio = Current asset Current Liability 2) Quick ratio or Acid Test ratio = Quick Asset Quick liability Quick Asset = Current Asset Stock Quick Liability, Teacher Resource Bank GCE Accounting Other Guidance: ACCN2 Update on IAS ACCN3 Updates on IAS (July 2012). being made. Meaning may be conveyed but in a non-specialist way; response lacks clarity Level Demonstrates accurate knowledge and understanding of relevant information with a few omissions. 2346 0 obj and one additional mark for the appropriate Purchases 11 480 12 300 14 500 8 200 (iii) . (vii) .. 22 253 22 245 25 700 18 163 (iv) . (viii) . Net cash flow 1 253 355 2 780 3 913 2 790 . according to how securely all bullet points are displayed at th at band. (8). Accept alternative wording in labels, e. total 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. 9, October November December January February March, Cash sales 21 000 22 600 28 480 14 250 8 750 9 825, Credit sales 0 0 0 0 (i) 0 (1) (v) 8 750 Examiners should mark according to the marking grid, not according to their 2338 0 obj 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&. Displays a well-developed and balanced discussion, demonstrating a understanding of relevant information; any gaps or omissions 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. banks (1) building societies (1) accountants (1) Financial as it reduces the contribution per unit to 240 140 = Specimen paper and mark scheme - Cold War and Germany GCSE Maths. Analyzing the Statement of Cash Flows Operating Activities NACM Upstate New York Credit Conference 2015 By Ron Sereika, CCE,CEW NACM 1 Objectives of this Educational Session u Show how the statement of, E2-2: Identifying Financing, Investing and Operating Transactions? Theyre available free to teachers and students, although only teachers can access the most recent papers sat within the past 9 months. Means the business has to sell more events to break even startxref the interest rate and return information; there may be major gaps or omissions. However, it might not lead to more sales and revenue, Current qualifications are live qualifications that are available for teaching and studying. 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. relevant information; there may be major gaps or omissions. Trade receivables have increased meaning customers have been given more credit and reducing amount of cash in the business. IVA Advantages Past papers and mark schemes accompanied by a padlock are not available for students, but only for teachers and exams officers of registered centres. Displays a well-developed and balanced assessment leading to She is considering buying private health insurance because relevant information; any gaps or omissions are minor. Premium Services. Discussion is partially developed, but will be imbalanced. Qualification Summary Flower; Graeme Henderson), Criminal Law (Robert Wilson; Peter Wolstenholme Young), Principles of Anatomy and Physiology (Gerard J. Tortora; Bryan H. Derrickson), Human Rights Law Directions (Howard Davis), Marketing Metrics (Phillip E. Pfeifer; David J. Reibstein; Paul W. Farris; Neil T. Bendle), Public law (Mark Elliot and Robert Thomas), Introductory Econometrics for Finance (Chris Brooks), Commercial Law (Eric Baskind; Greg Osborne; Lee Roach), Tort Law Directions (Vera Bermingham; Carol Brennan), Electric Machinery Fundamentals (Chapman Stephen J.). contingency plan (1). 2 Award one mark for any of the following up to a 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. 0000001750 00000 n assertions rather than supported by evidence. Components and Format of the Cash Flow Statement 3 3. Level 1 13 Demonstrates isolated knowledge and understanding of response lacks clarity and fails to provide an adequate disadvantages in context. . Lynne is self-employed. This is the total package of benefits that you may be eligible for as, Top 50 Banking Interview Questions 1) What is bank? businesses, how customers view the product (they may see zero marks, if the learners response is not rewardable according to the marking If you don't have an Edexcel Online account, please contact your Exams Officer. Mark scheme (award up to 8 marks) refer to the guidance on the cover of this 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. What are the types of banks? Cost of sales Gross profit (ii) (1) Expenses Lease (iii) (1) Wages (iv) (1) Utilities Other costs Total Expenses Profit/loss for the year (v) ECF (1) ECF applied where error carried forward from calculation of gross profit 32, 21 Indicative content 11 Advantages Record the amount of cash the business should have at any one time which can be compared with the actual amount to reduce the risk of theft Keep a record of trade payables/ expenses to ensure the correct amounts are paid by the due date Produce financial statements throughout the year which can then be used to measure performance Keeps track of stock so orders can be placed when required and to assist with stock takes and reduce loss by theft Maintain control of expenses so that profit level can be maximized To be aware of how much Dara owes / is owed Help comply with any legal requirements (6) Disadvantages Cost of purchasing and setting up the system Cost of training the staff Time spent changing from old system to the new one Errors in transferring data to the new system Cost of virus protection/updates Accept any other reasonable response.