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.

Unit Learning Outcomes

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).