Handling Money in a Sales Situation

Overview

Framework:
RQF
Level:
Entry Level 3
Unit No:
H/504/7606
Credits:
3
Guided learning hours:
30 hours

Assessment Guidance

Portfolio of Evidence

Unit Learning Outcomes

1

Know how to handle money securely and accurately in a sales situation.

Assessment Criteria

  • 1.1
    Give reasons why it is important to keep money secure.
  • 1.2
    State why it is important to be accurate when handling money.
  • 1.3
    Give examples of ways to keep money secure in a sales situation.
  • 1.4
    List aspects of cash transactions where accuracy is needed (e.g. in confirming prices, giving change).
  • 1.5
    List key checking procedures that can be used to ensure accuracy.
2

Know the purpose of a float.

Assessment Criteria

  • 2.1
    State the purpose of a float.
  • 2.2
    State why it is important to know how much money is in the float.
3

Be able to take a cash payment.

Assessment Criteria

  • 3.1
    Request the right amount from a customer.
  • 3.2
    Check money handed over by customer.
  • 3.3
    Provide the right change.
  • 3.4
    Store the money safely.
4

Be able to calculate takings.

Assessment Criteria

  • 4.1
    Identify a secure setting in which to count money.
  • 4.2
    Calculate takings accurately.