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Money and Organisations Dealing with Money
Unit Code: HD4E2CY020
Credit Value: 1
Unit ID: BZY649
Last registration date: 31/07/2016
This unit is a member of one or more groups of related units.
|The learner will
||The learner can
|1. ||Understand the relative values of UK currency.
|1.1 ||Place all UK coins and notes in ascending order.|
|1.2 ||Give five examples of common equivalences between coins (for example, two 5p coins equivalent to one 10p coin).|
|1.3 ||Identify the coin or note nearest to and greater in value than a selection of (for example, five) different prices.|
|2. ||Understand why money should be kept safe. |
|2.1 ||State a risk in keeping all money as cash.|
|2.2 ||State two reasons for keeping money in a safe place.|
|3. ||Know the main service provided by financial organisations. |
|3.1 ||Give five examples of financial services (for example, lending, money advice).|
|3.2 ||State the main (or a key) service provided by four different types of financial organisation.|
- Case study
- Written question & answer/test/exam
- Oral question and answer
- Role play/simulation
- Group discussion
Further assessment guidance is available here.
There is no specific assessment information to be used with this unit.
|Essential Skills Wales:
- CE2.1: Speaking and Listening
- CE2.3: Writing
- NE1.2: Carry out calculations
Financial Capability - B(a)1, B(d)1, B(i)2
Core Curriculum - Slc/E2.1-4, Wt/E2.1; Ws/E2.1-4; Ww/E2.1-3, N1/E2MSS1/E2.2
There is no information regarding specific assessor requirements for this unit. Centres should select assessors who are trained in assessment, and who have subject specific competence to assess at this level.