Unit Award Scheme

121550 UNDERSTANDING MONEY AND BUDGET (UNIT 2)

In successfully completing this unit, the Learner will have		Evidence needed
demonstrated the ability to
1	identify their choice of purchase from four possible items	Summary sheet
2	identify the items they can afford on their budget	Summary sheet
3	identify a trade-off of their choice	Summary sheet
4	identify the opportunity cost of their choice	Summary sheet
experienced
5	managing their money in order to pay for their needs	Summary sheet
6	planning a budget for an event.	Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 10 July 2024Level - Entry Level