Home Finances

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

LEARNING OUTCOMES

ASSESSMENT CRITERIA

Method

Assessor

Evidence

Date

Signature

The learner will:

The learner can:

Assessment method

Who will assess?

Evidence which will be available for verification

Date achieved

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.

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.