Personal Finance and Financial Statements

ASSESSEMENT

Unit: Unit 2 – Managing Financial Resources and Decisions
Learning Hours: 60 Hours.
Self-learning hours: 90 hours.
Course: HND Business
Term:
Lecturer: Mrs. Verifier:

Learners Name
Registration Number
Learners Declaration: I certify that the work submitted for this unit is my own:

Signed:
Hand out Date:

Submission Date:

The Following Sections to be completed by the assessor:
Center Name:
Center Number:

Please note that the assessors signature below denotes conformation that he/she has in no way influenced the outcome of the assessment:

Assessors Name: Assessors Signature: Has the unit been Internally Verified? Y/N
Date of verification:
Internal verifiers signature:

Internal verifiers assignment brief:

Unit Outcomes

Outcome Evidence for the criteria to pass. Feedback Assessors decision Internal verification.

Task: I

P1.
Explore the sources of finance available for the business P1.1-
Identify the sources of finance available for the business P1.1 P1.2. assess the implications of the different sources P1.2 P1.3- select appropriate sources of finance for the business project P1.3
P2. Analyze the implication of finance as a resource within the business

P2.1. assess and compare the costs of different sources of finance
P2.1
P2.2.explain the importance of financial planning P2.2 2.3. describe the information needs of different decision makers P2.3 2.4. Describe the impact of finance on the financial statements. P2.4

P3. Make financial decisions based on financial information

P3.1- analyze budgets and make appropriate decisions
P3.1
P3.2- calculate unit costs and make pricing