View Unit : Household Expenses

Unit

Unit Reference Number

F/600/6216

Qualification Framework

QCF

Title

Household Expenses

Unit Level

Entry Level

Unit Sub Level

Entry 2

Guided Learning Hours

Unit Credit Value

Date of Withdrawal

SSAs

14.1 Foundations For Learning and Life

Unit Grading Structure

Pass

Assessment Guidance

As an E2 unit it is expected that the learner may require some assistance in the form of prompts for the assessment. Practical tasks may be in a simulated environment.

View Unit's Qualifications

Learning Outcomes and Assessment Criteria

Learning Outcome - The learner will:		Assessment Criterion - The learner can:
1	Recognise regular expenses.	1.1	. Identify regular bills/expenses.
2	Recognise weekly expenses.	2.1	. Identify items purchased once or more in a week.
		2.2	. Identify spending/pocket money for the week.
		2.3	. Identify other weekly expenses.
3	Understand which expenses are fixed and which are variable.	3.1	. State which bills/expenses remain the same.
		3.2	. State which bills/expenses can change.
		3.3	. State how a bill might be reduced.
4	Recognise long-term expenses.	4.1	. Identify items that might need replacement or repair.
4	Recognise long-term expenses.	4.2	. State ways these could be paid for.
5	Recognise different methods of payment.	5.1	. Identify different methods for paying utility bills.

Equivalent Units

There are no equivalences to display.