Ofqual Logo DfES Logo CCEA Logo
The Register of Regulated Qualifications

View Unit : Being Responsible for Other People’s Money

Unit
Unit Reference Number
F/501/5827
Qualification Framework
QCF
Title
Being Responsible for Other People’s Money
Unit Level
Level 1
Unit Sub Level
None
Guided Learning Hours
10
Unit Credit Value
1
Date of Withdrawal
SSAs
14.2 Preparation for Work
Unit Grading Structure
Pass
Assessment Guidance

N/A

Learning Outcomes and Assessment Criteria
Learning Outcome - The learner will:Assessment Criterion - The learner can:
1

Know different methods of payment and when they could be used

1.1

P1 Identify different methods of payment

P2 Describe when different methods of payment are likely to be used

2

Understand the importance of handling other people’s money responsibly

2.1

P3 Explain the consequences of not handling other people’s money responsibly

3

Know procedures that might apply when responsible for other people’s money

3.1

P4 Describe procedures that might apply when responsible for other people’s money

4

Be able to handle financial transactions responsibly

4.1

P5 Carry out simple financial transactions accurately

P6 Keep an accurate record of simple financial transactions

Equivalent Units
There are no equivalences to display.
2.4.6.0L