Handling money

Overview

Framework:
RQF
Level:
Entry Level 3
Unit No:
T/617/4564
Credits:
2
Guided learning hours:
20 hours

Assessment Guidance

The focus of the assessment for this unit is on money-handling skills. However, it is expected that the underpinning teaching and learning will help develop learners’ awareness of

• Different ways to pay for items (e.g. cash, debit or credit cards, contactless payments, Apple Pay, Paypal) and when each method might be appropriate
• The importance of keeping money safe and some of the potential threats (e.g. being short-changed; checking amounts when paying using contactless cards; not letting cards out of their sight; not sharing PIN).

Aim

To enable learners to use and store money effectively.

For the full unit details, please download the latest version of the qualification specification. This is available for download on the relevant qualifications page.

Unit Learning Outcomes

To view the assessment criteria and any additional content, please expand the relevant learning outcome below.

1. — Be able to carry out transactions.

Assessment Criteria

  • 1.1

    Use appropriate means to pay for items in person and online.

  • 1.2

    Check change and/or receipts, invoices or online payment confirmation, as appropriate.

2. — Be able to keep money safe.

Assessment Criteria

  • 2.1

    Use appropriate means to store money safely.

3. — Be able to access own money.

Assessment Criteria

  • 3.1

    Use appropriate means to access own money (e.g. through an ATM).