Understand and differentiate between income and expenditure

Challenge reference: 7785

Notional learning hours  10
Level Entry 1
Subject area
Preparing for Adulthood pathway
Learning aim

The learner will be able to identify and differentiate between sources of income and expenditure.

Learning context

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Learning outcomes

What the learner needs to know, understand or be able to do

The learner will:

  1. Be able to state three sources of income and expenditure.

Assessment criteria

What the learner need to demonstrate in order to meet the learning outcome

The learner can:

    • Define income and expenditure
    • Differentiate between income and expenditure
    • State three sources of income
    • State three items of  expenditure