Qualification
Unit number, title and level
Pearson BTEC Level 5 HND Diploma in Business (QCF)
Unit 2: Managing Financial Resources and Decisions
Level : 4
Student name and ID number
Assessors name
Syed Jaffery
Anthony Ayakwah
Yajesh Kumar
Amna Ali
Dean Awoyejo (Unit Convenor)
Interval Verifier
Mehro Humayun
Date issued
Completion date
Submitted on
1st May 2015
3rd July 2015 before 12:00 midday
Assignment title
Managing Financial Resources and Decisions - Shaping Your Future – A Vocational Scenario
LO
Learning Outcome
Assessment Criteria
In this assessment you will have the opportunity to present evidence that shows you are able to:
Task no.
Evidence
(page no)
LO1
LO2
Understand the sources of finance available to a business
Understand the importance of financial planning and information needs.
1.1
Identify the sources of finance available to a business
1.2
Assess the implications of the different sources
1.3
Evaluate appropriate sources of finance for a business project
2.1
Analyse the costs of different sources of finance
2.2
Explain the importance of financial planning
2.3
Assess the information needs of different decision makers
2.4
Explain the impact of finance on the financial statements
LO3
Be able to make financial decisions based on financial information
3.1
Analyse budgets and make appropriate decisions.
3.2
Explain the calculation of unit costs and make pricing decisions using relevant information.
3.3
Assess the viability of a project using investment appraisal techniques.
LO4
Be able to evaluate the financial performance of a business.
4.1
Discuss the main financial statements.
4.2
Compare appropriate formats of financial statements for different types of business.
4.3
Interpret financial statements using appropriate ratios and comparisons, both internal and external.
Instructions
An electronic copy of your assessment must be fully uploaded by the