Unit Award Scheme

115363 BASIC FINANCIAL MANAGEMENT (UNIT 2): CREDIT AND DEBIT CARDS

In successfully completing this unit, the Learner will have

Evidence needed

shown knowledge of

1one advantage and one disadvantage of both a credit and a debit cardSummary sheet
2one difference between credit and debit cardsSummary sheet
3one risk associated with credit and debit cardsSummary sheet
4one consequence of borrowing money, eg via credit cards or overdrafts, and not paying it backSummary sheet
5one way of preventing debt.Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 24 May 2021Level - Pre-Entry Level