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Overview

Framework:
RQF
Level:
Entry Level 2
Unit No:
L/504/9463
Credits:
2
Guided learning hours:
20 hours

Assessment Guidance

Portfolio of Evidence.

Unit Learning Outcomes

1

Know about income and expenditure.

Assessment Criteria

  • 1.1
    Identify main items of income and expenditure for a householder.
  • 1.2
    State the difference between wants and needs in terms of expenditure.
  • 1.3
    State why it is important that expenditure does not exceed income.

2

Know about sources of help in managing money.

Assessment Criteria

  • 2.1
    Identify different sources of help in managing money.

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