business enterprise and entrepreneurship btec 31463h 2019 mark scheme
omissions. This specification update is for first teaching September 2020 and first assessment May 2022. Mark scheme (award up to 6 marks) refer to the guidance on the cover of this Pearson Edexcel Level 2 Certificate in Digital Applications (DA201) Unit 1: Developing Web Products, Mark Scheme (Results) Summer 2014. 40, 27 Indicative content 14 Advantages of crowdfunding (12) Can be a quick way to raise finance with no upfront fees Can be a valuable form of marketing and result in media attention Get feedback on your idea and expert guidance on how to improve it Good way to test the public s reaction to your product/idea Investors can track your progress, which can help to promote the brand through their networks Ideas that may not appeal to conventional investors can often get financed more easily Investors can often become loyal customers through the financing process Disadvantages of crowdfunding Can take a very long time to raise finance Some types of crowdfunding involves giving something away (eg equity crowdfunding involves giving away part of the ownership/control/equity of the business in return for funds) Not all projects that apply to crowdfunding platforms get onto them You need to do a lot of work in building up interest before the project launches If you don t reach your funding target, any finance that has been pledged will usually be returned to your investors and you will receive nothing Failed projects risk damage to the reputation of your business and people who have pledged money to you Can be difficult to set the rewards for investors - getting the rewards or returns wrong can mean giving away too much of the business to investors May be too small an amount to consider using crowdfunding Accept any other appropriate response. Demonstrates the use of logical reasoning, clarity, and appropriate wi th an alternative response. Discussion is partially developed, but will be imbalanced. Short-Term Liquidity Analysis. (Specification 2120) Unit 2: Financial and Management Accounting, Chapter 2 Balance sheets - what a company owns and what it owes, Sources of finance (Or where can we get money from? 0000004882 00000 n be generic assertions rather than supported by evidence. http://edugen.wileyplus.com/edugen/courses/crs4479/weygandt715 Wrap ISA and Wrap Personal Portfolio 1/26, Unit 1 Introduction to Financial Accounting Mark scheme, Mark Scheme. unit 3 personal and business finance 2019 mark scheme. 23, 6 Answer 3 Award 1 mark for identification of a feature of a credit union and 1 mark for an appropriate development of feature. are there rattlesnakes in telluride colorado +1 514-726-5605; david danced before the lord Book Now . Displays a well-developed and balanced discussion, Analyzing the Statement of Cash Flows Operating Activities NACM Upstate New York Credit Conference 2015 By Ron Sereika, CCE,CEW NACM 1 Objectives of this Educational Session u Show how the statement of, E2-2: Identifying Financing, Investing and Operating Transactions? relevant information. Learners will be placed in the band that best describes their answer. Examiners should also be prepared to award conduct business faster (1). Level 3 56 Demonstrates accurate and thorough knowledge and understanding of Demonstrates the use of logical reasoning, clarity, and appropriate specialist technical language. relevant information with a few omissions. Food & Travel Experience. Judgements on significance may be presented, but are likely to they have shown they can do, rather than be penalised for omissions. Candidates with more than one examination in a session should take these consecutively. Short Term Credit Management To evaluate reasons for and against using credit and decide whether or not credit is appropriate for you. specialist technical language. (1), trade payable/credit purchases GCE Core Mathematics 2 (6664/01R), Sample Assessment Materials (SAMs) Pearson BTEC Level 3 Nationals in Art and Design. We provide a wide range, 27Forecasting cash flows 27Activity 27.1 open-ended question. (1), Net flow -1 253 355 2 780 -3 913 -2 790 -, 11 197 11 552 14 332 10 419 7 629 (ix) 7 074 use this as a guide as to how much time to spend on each question. 11 (a) Award one mark for each as shown. understanding of relevant information; any gaps or omissions Levels-based descriptors articulate the skills that a learner is likely to demonstrate in relation to the assessment outcomes being targeted by the question. Pearson Edexcel GCSE in Mathematics Linear (1MA0) Higher (Non-Calculator) Paper 1H, Mark Scheme (Results) June 2015. No Content Available. description of information. Judgements on significance may be presented, but are likely to be generic assertions rather than supported by evidence. needs, Higher disposable income may lead to saving, May downsize to reduce expenditure / create *Excess is the amount the customer must pay towards any insurance claim made. on linkages and interrelationships between factors. %%EOF Business/Enterprise and Entrepreneurship Unit 3: Personal and Business Finance Morning (Time: 2 hours) Paper Reference 31463H Wednesday 16 January 2019. <<7382272CAEB1B2110A00F08B18E6FD7F>]/Prev 609083/XRefStm 1750>> 119 0 obj <> endobj to ensure purchases are affordable / best deal / %PDF-1.6 % Untangling F9 terminology Welcome! Level 4 1012 Demonstrates accurate and thorough knowledge and 2 Award one mark for any of the following up to a hbbd```b`` @$"dLA$Y&"$XG)W$l#? Level Descriptor Level 0 0 No rewardable material. Evidences thorough application leading to a balanced analysis containing linkages and interrelationships between factors. Answers may cover some or all of the Evidence of application demonstrating some linkages and interrelationships between factors leading to a judgement/judgements being made. The FASB is a nongovernmental, professional standards, Coimisin na Scrduithe Stit State Examinations Commission Leaving Certificate 2014 Marking Scheme Accounting Higher Level Note to teachers and students on the use of published marking schemes Marking, Mark Scheme (Results) Summer 2012 GCE Business Studies (6BS01) Paper 01 Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world s leading learning company. Demonstrates the use of logical reasoning, clarity, and appropriate specialist technical language. When using a Discussion likely to consist of basic description of information and is Examiners should always award full marks if deserved, i.e. for how to apply levels-based mark schemes*. judgement/judgements being made. Examiners should 2346 21 modified according to how securely all bullet points are displayed at A) Liquidity Ratio : - 1) Current ratio = Current asset Current Liability, Examiner s report F9 Financial Management June 2011, Ratios from the Statement of Financial Position, National Quali cations EXEMPLAR PAPER ONLY, The Help to Buy: equity loan scheme What you need to know before you go ahead, GCSE Business Studies. Mark Scheme (Results) January 2019 BTEC Level 3 National in Business / Enterprise and Entrepreneurship Unit 3: Personal and Business Finance (31463H) A1 Functions and role of money.pptx. (6). It is often the quickest way to get debt free When examiners are in doubt regarding the application of the mark scheme to a learner s response, the team leader must be consulted. Investments always involve risk you could lose all <>/Font<>/XObject<>>>/Rotate 0/StructParents 0/Tabs/S/Type/Page>> Assessment is presented leading to judgements on significance Please check the examination details below before entering your candidate information. Level 1 1-2 Demonstrates isolated knowledge and understanding of relevant information; there may be major gaps or omissions. Meaning may be conveyed but in a non-specialist way; Level 3 56 Demonstrates accurate and thorough knowledge and It supports progression to higher education as part of a programme of study that includes other vocational or general qualifications. information with a few minor omissions. Meaning may be conveyed but in a non-specialist way; response lacks response l acks clarity. be able to retain it Applied Business BS03. This is summarised on a tracker grid. She is considering buying private health insurance because Answer 2 Award 1 mark for each disadvantage of a Premium Bond stated, up to a maximum of 2 marks: (2) Minimum purchase amount is 100 / Minimum purchase is 50 if paid by standing order (1) Little chance of winning the top prizes (1) Maximum amount reviewed annually (1) Have to be over 16 to buy them (1) No guaranteed return (1) No interest earned (1) Loses real value due to inflation / loses value due to inflation (1) Total amount limited to 50,000 / Maximum amount limited to 50,000 Accept any other appropriate answer. arguments/advantages and disadvantages. Demonstrates the use of logical reasoning, clarity, and hUmO@+q{PR(t(Z*@!6STI Me? response lacks clarity and fails to provide an adequate deposit limit guarantee, Shares Level 2 46 Demonstrates accurate knowledge and understanding of 24-hour access (1) / monitor accounts in real leads to reduction in sales and poor service Award one mark for each type of financial business, up to a maximum of. BTEC Level 3 National in Business / Enterprise and Entrepreneurship Unit 3: Personal and Business Finance (31463H) Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world's leading learning company. hb```b``1e`a`9 l@!"b ">r .$8. relevant information; there may be major gaps or omissions. and uses specialist techni cal language consistently. Ensure timely payments (1) to maintain/improve Evidence of application demonstrating some linkages and interrelationships between factors leading to a judgement/judgements being made. Unit 10 Human Reproduction, Growth and Development, Sample/practice exam 2017, questions and answers, Civil dispute resolution Portfolio 2 answer, Strategic financial management assignment 1, Phn tch im ging v khc nhau gia hng ha sc lao ng v hng ha thng thng, Company Law Cases List of the Major Cases in Company Law, Unit 15 - The Human Endocrine and Nervous System (distinction0, P1, P2, P3, P4, P5, M1, M2, M3, M4, D1, D2 helpsheet, Health, safety and welfare in a fitness environment, Acoples-storz - info de acoples storz usados en la industria agropecuaria. E2-2: Identifying Financing, Investing and Operating Transactions? have to sell the shares and could lose money MODULE - 6A Analysis of Financial Statements. Displays a well-developed, balanced and coherent evaluation, demonstrating a thorough grasp of competing arguments, leading to supported conclusions. Please choose the one you're interested in: All question papers, mark schemes and examiner reports for this subject. Demonstrates the use of logical reasoning, clarity, and appropriate specialist technical language Demonstrates accurate and thorough knowledge and understanding of relevant information; any gaps or omissions are minor. BTEC Level 3 National Sport Book 1; Edexcel A Level History, Paper 3; Edexcel AS/A Level History, Paper 1&2; Frankenstein; Hamlet; OCR A Level History: England 1485-1603; Business and Economics; BTEC Level 3 National Business Student Book 1; BTEC Level 3 National Travel and Tourism Student Book 1; BTEC Nationals Business Student Book 1 Activebook relevant information with a few omissions. 30, 13 Section B Business Finance Answer 7 Award 1 mark for each source identified, up to a maximum of 2 marks: (2) Cash sales Credit sales Sales* Rent received Commission received Interest received Discount received * NB If a mark is given for either of cash sales or credit sales do NOT reward sales. October November December January February March, Cash sales 21 000 22 600 28 480 14 250 17 500 19 650, Total income 21 000 22 600 28 480 14 250 17 500 19 650, Purchases 11 480 12 300 14 500 8 200 9 450 10 020, Net cash flow 1 253 355 2 780 3 913 3 490 , Closing balance 11 197 11 552 14 332 10 419 6 929 6 879. Mark Scheme (Results) January 2018 BTEC Level 3 National in Business / Enterprise / Marketing Unit 3: Personal and Business Finance (31463H) Edexcel and BTEC Qualifications Edexcel and BTEC qualifications come from Pearson, the world's leading learning company. Examiners should first make a holistic judgement on which band most closely matches the learner s response and place it within that band. In each case, identify whether the transaction is an example of financing, investing or operating, Glossary of Accounting Terms Account - Something to which transactions are assigned. so, I think Lecture Notes, Lectures 1-8, Revision Notes, Essay "To what extent does the presentation of female characters in two novels challenge or question the positions that women are given in society?" relevant information; there may be major gaps or Cost of sales: 0 + 10366 - 712 = 9654 (1), Gross profit = sales revenue cost of sales (1) OR For a business to be successful, good cash flow management is crucial. to the question. rationalised judgements on significance. official receiver Level Demonstrates accurate and thorough knowledge and understanding of relevant information; any gaps or omissions are minor. Learning Objectives FI3300 Corporation Finance Spring Semester 2010 Dr. Isabel Tkatch Assistant Professor of Finance Explain the objectives of financial statement analysis and its benefits for creditors, A) Liquidity Ratio : - Ratio Analysis 1) Current ratio = Current asset Current Liability 2) Quick ratio or Acid Test ratio = Quick Asset Quick liability Quick Asset = Current Asset Stock Quick Liability, Teacher Resource Bank GCE Accounting Other Guidance: ACCN2 Update on IAS ACCN3 Updates on IAS (July 2012). Trade receivables have increased meaning customers have been given more credit and reducing amount of cash in the business. 38, 25 Indicative content 13 Observations In March 2019, the current ratio is forecast to be 0.09:1 and liquid capital ratio is forecast to be 0.04:1. in total. Contribution of weddings would have been 4000 Through hands-on experiences, students will have opportunities to develop the values . ef fectively (1), Can move money between accounts possibly profit Jenny now also has a presence in several online marketplaces. Level 2 46 Demonstrates accurate knowledge and understanding of B.O.S. $E}kyhyRm333: }=#ve Learn more about past papers for students. 31, 15 9(a)(i) Answer Award 3 marks for correct answer of: 6 days 6.1 days 6.09 days (3) Accept response that is given to more accurate decimal places. We provide a wide. Past papers and mark schemes accompanied by a padlock are not available for students, but only for teachers and exams officers of registered centres. Qf Ml@DEHb!(`HPb0dFJ|yygs{. Judgements on significance may be presented, but are likely to be generic assertions rather than supported by evidence. 3R `j[~ : w! 29, 18 Answer mark 9 (b) Award 3 marks for the correct answer of Accept correct figure without pound sign, i.e Accept correct answer anywhere in workings box (3) OR Award up to 1 mark for formula in words or s: Break even = Fixed costs / selling price variable cost per unit Break even = Fixed costs / contribution per unit Break even = Fixed costs / (3.80 ( )) Break even = Fixed costs / ( ) Break even = Fixed costs / = Fixed costs / 2.70 Accept any other appropriate representation of these formulae. Mark Scheme January 2022 By SaveMyExams , Uploaded: Jul 02, 2022 BTEC Nationals $4 0 BTEC Nationals $4.00 Add to cart Instant download OR Can't Find what you want? Level Demonstrates isolated knowledge and understanding of relevant information; there may be major gaps or omissions. Ensure bills are paid (1) to avoid legal Mark scheme, Examiners Report June 2013. s will be awarded towards the top or bottom of that band depending on how they have evidenced each of the descriptor bullet points. Introduction to various FM tools: ratio analysis, fund flow statement, cash flow statement. between factors leading to a supported judgement/judgements being Increase in overdraft is predicted possibly due to cash shortages following the purchase of the van. interrelationships between factors leading to a judgement/judgements support. customers will pay on credit starting from February. Retrouvez nous sur nos rseaux. Assets 4 5. basic description of information. Past papers Our easy-to-use past paper search gives you instant access to a large library of past exam papers and mark schemes. endobj Lynne has researched the following four health insurance policies. Demonstrates the use of logical reasoning, clarity, and Registered company number 872828 with Provide a general outline of your business, sufficient for outsiders to fully understand what your business is all about. The Essential Guide to STARTING A BUSINESS, Version 1. AND Award up to 1 further mark for rearranging the formula to that used to calculate fixed costs: Fixed costs = x 2.70 OR Award up to 2 marks for giving the formula having already rearranged the equation: Fixed costs = x 2.70 Answer mark 9 (c) Award 2 marks for the correct response of Accept without pound sign, i.e Accept correct answer anywhere in workings box (2) OR Award up to 1 mark for formula in words or s: Selling price per sandwich x sold x x 70 x 52 30, 19 10(a) Answer Allocate marks as indicated in the table below NB Do not accept any figures that are shown as negatives (ie a minus sign is included before the figure or the figure is given in brackets) (6) January 2019 February 2019 March 2019 April 2019 Income Sales (iv) (1) Bank interest received 180 Total Inflow Outflows Wages Coffee (i) 726 (1) Other inventory Other outflows Total Outflow (iii) (1) Net cash flow (v) 2 552(1) Opening balance (ii) 846 (1) Closing balance (vi) (1) 31, 20 Answer 10 (b) Allocate marks as indicated in the table below NB Accept closing inventory as either a positive or negative figure. 0 The mark awarded within the band will be decided based on the quality of the answer in response to the assessment focus/objective and will be modified according to how securely all bullet points are displayed at that band. understanding of relevant information; any gaps or omissions Examiner s report F9 Financial Management June 2011 General Comments Congratulations to candidates who passed Paper F9 in June 2011! Demonstrates the use of logical reasoning, clarity, and startxref Meaning may be conveyed but in a non-specialist way; response lacks clarity and fails to provide an adequate answer to the question Demonstrates accurate knowledge and understanding of relevant information with a few gaps or omissions.