Creating Qualifications, rewarding achievement
 

Print | Save as Word document | Assessment Sheet | Add to Basket

Home Finances

Unit Code: HD4E3CY018
Level: Entry Three
Credit Value: 1
Unit ID: BZY646
learndirect: HD4
Sector: 14.1
Last registration date: 31/07/2016

This unit is a member of one or more groups of related units.


Learning Outcomes Assessment Criteria
The learner will The learner can
1. Create a record of household expenses and regular financial commitments.
1.1 Identify the range of utilities which could be found in a property.
1.2 Sort household items and expenses into regular and non-regular expenditure.
2. Understand the numerical features of common financial documents.
2.1 Check the accuracy of a till receipt, including special offers.
2.2 Extract financial information from a number (for example, four) of household bills/statements and present this in a way which makes sense to others.
3. Create and cost a plan for a home mini-project.
3.1 List a number of items which could be purchased, in order of priority.
3.2 Identify the cost of individual items (for example, from a simplified price list).
3.3 Calculate the total cost.

Assessment Methods:
  • Case study
  • Written question & answer/test/exam
  • Oral question and answer
  • Role play/simulation
  • Group discussion


Further assessment guidance is available here.
Assessment Information:
There is no specific assessment information to be used with this unit.

If not specifically stated in the assessment information, a plural statement in any assessment criterion means a minimum of two.
Essential Skills Wales:
  • CE3.1: Speaking and Listening
  • CE3.2: Reading
  • CE3.3: Writing
  • NE3.1: Understand numerical data
  • NE3.2: Carry out calculations
  • NE3.3: Interpret results and present findings
Other Mappings:
Core Curriculum: Slc/E3.1-4, Rw/E3.1, Ww/E3.1, N1/E3.9; N2/E3.4, MSS1/E3.1, HD1/E3.1; HD1/E3.4
Financial Capabilities: (B(c)2) (B(d)2) (B(g)5)
Assessor Requirements:
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.