identify the sources of finance available to a business
assess the implications of the different sources
evaluate appropriate sources of finance for a business project
analyse the costs of different sources of
finance
explain the importance of financial planning
assess the information needs of different
decision makers
explain the impact of finance on the financial statements
analyse budgets and make appropriate
decisions
explain the calculation of unit costs and make pricing decisions using relevant information
assess the viability of a project using
investment appraisal techniques
discuss the main financial statements
compare appropriate formats of financial
statements for different types of business
interpret financial statements using appropriate ratios and comparisons, both
internal and external.

Managing Financial Resources and Decisions 3
identify the sources of finance available to a business
assess the implications of the different sources
evaluate appropriate sources of finance for a business project
analyse the costs of different sources of
finance
explain the importance of financial planning
assess the information needs of different
decision makers
explain the impact of finance on the financial statements
analyse budgets and make appropriate
decisions
explain the calculation of unit costs and make pricing decisions using relevant information
assess the viability of a project using
investment appraisal techniques
discuss the main financial statements
compare appropriate formats of financial
statements for different types of business
interpret financial statements using appropriate ratios and comparisons, both
internal and external.

Managing Financial Resources and Decisions 3
identify the sources of finance available to a business
assess the implications of the different sources
evaluate appropriate sources of finance for a business project
analyse the costs of different sources of
finance
explain the importance of financial planning
assess the information needs of different
decision makers
explain the impact of finance on the financial statements
analyse budgets and make appropriate
decisions
explain the calculation of unit costs and make pricing decisions using relevant information
assess the viability of a project using
investment appraisal techniques
discuss the main financial statements
compare appropriate formats of financial
statements for different types of business
interpret financial statements using appropriate ratios and comparisons, both
internal and external.