Unit: Unit 2 – Managing Financial Resources and Decisions
Learning Hours: 60 Hours.
Self-learning hours: 90 hours.
Course: HND Business
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Evidence for the criteria to pass.
Explore the sources of finance available for the business
Identify the sources of finance available for the business
P1.2. assess the implications of the different sources
P1.3- select appropriate sources of finance for the business project
P2. Analyze the implication of finance as a resource within the business
P2.1. assess and compare the costs of different sources of finance
P2.2.explain the importance of financial planning
2.3. describe the information needs of different decision makers
2.4. Describe the impact of finance on the financial statements.
P3. Make financial decisions based on financial information
P3.1- analyze budgets and make appropriate decisions
P3.2- calculate unit costs and make pricing decisions using relevant information
P3.3- assess the viability of a project using investment appraisal techniques
P4. Analyze and evaluate the financial performance of a business
P4.1 Explain the purpose of the main financial statements
P4.2 describe the differences between the formats of financial statements for different types of business
P4.3analyse financial statements using appropriate ratios and comparisons, both internal and external.
Merit grades awarded
Distinction grades awarded
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Grade given by the tutor:
Pass Merit Distinction
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Use a standard report structure.
Word-process the report.
Use Normal script.
Use Harvard referencing system.
Produce an academic report, detailing above issues with word limit of 4000 words. 6.
Complete the title page and sign the statement of authenticity. 7.
Submit the document in a folder in the form of a file.
Submit the work to Mrs. Nazia the admin officer and sign the submission form of the college. Late submission will be accepted only to prior permission with a justifiable reason. Late submission must be with the late submission form. 9.
Collusion and Plagiarism must be avoided.
Start each answer on a new page.
Highlight each question clearly.
Pages should be numbered.
Assignment sheet should be attached in the front.
Bibliography at the end of the assignment.
All work should be comprehensively referenced and all sources must be acknowledged fully, as books and journals, websites etc--.Try to...
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