Unit Award Scheme

71452 FINANCIAL CAPABILITY

In successfully completing this unit, the Learner will have

Evidence needed

demonstrated the ability to

1find out the currencies of ten different countries, ascertain through an internet search engine the current exchange rate of four countries, and convert at least four different sums of British Pounds to their equivalent values in four unique foreign currenciesStudent completed work
2make and explain choices, with and without the constraints of a predetermined budget of £20, regarding the purchase of at least six commodities, eg apples, coffee, shampoo, taking into consideration the ethos implicit in their manufacture, eg Fair Trade, Organic, long-established profit-oriented companiesStudent completed work
3research, cost, and plan an evening's entertainment, which includes food, cinema, and bowling, for two persons within the constraints of a £30 budgetStudent completed work
4choose from a given list of foodstuffs, with a budget of £10, up to twelve separate ingredients necessary in the preparation of a dinner for four personsStudent completed work
5research and play a business game on the internet involving finance and saleable commodities with a view to making a profit over variable periods of time, and discuss and make notes about improving business strategyStudent completed work
6find 10% and 20% of at least fifteen different sums of money, and add these percentages onto the original specified quantities of moneyStudent completed work
7research, play, and record the results of a finance and property board game with a view to making a profit.Student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 14 September 2011Level - Level One