Unit Award Scheme

110112 MANAGING MONEY

In successfully completing this unit, the Learner will have		Evidence needed
demonstrated the ability to
1	calculate the cost of at least five items bought	Student completed work
2	calculate the correct change from three varying amounts spent, eg the change from £50 having bought two items at £16.28 each plus a third at £15.75	Student completed work
3	calculate how many items of the same value could be bought with a specific budget and record how much change would be left	Student completed work
4	calculate a 10% tip to leave according to a restaurant bill	Student completed work
5	calculate the cost of a day out with a budget of £120 and record at least three areas where money could be saved	Student completed work
6	calculate the percentage of the day out budget above that which was spent on leisure, travel and food.	Student completed work

All outcomes recorded on an AQA Summary Sheet

Approved 18 January 2018Level - Level One