lOMoARcPSD|20890953
BTEC
Mark Scheme (Results)
Summer 2022
Unit 3: Personal and Business Finance (31463H)
, lOMoARcPSD|20890953
BTEC Mark Scheme 2206
Edexcel and BTEC Qualifi cations
Edexcel and BTEC qualifications come from Pearson, the world’s leading learning company.
We provide a wide range of qualifications including academic, vocational,
occupational and specific programmes for employers. For further information visit
our qualifications website at http://qualifications.pearson.com/en/home.html for our
BTEC qualifications.
Alternatively, you can get in touch with us using the details on our contact us page
at http://qualifications.pearson.com/en/contact-us.html
If you have any subject specific questions about this specification that require the
help of a subject specialist, you can speak directly to the subject team at Pearson.
Their contact details can be found on this link:
http://qualifications.pearson.com/en/support/support-for-you/teachers.html
You can also use our online Ask the Expert service at
https://www.edexcelonline.com You will need an Edexcel Online username and
password to access this service. Pearson: helping people progress, everywhere
Our aim is to help everyone progress in their lives through education. We believe in
every kind of learning, for all kinds of people, wherever they are in the world. We’ve been
involved in education for over 150 years, and by working across 70 countries, in 100
languages, we have built an international reputation for our commitment to high
standards and raising achievement through innovation in education. Find out more
about how we can help you and your learners at: www.pearson.com/uk.
June 2022
Publications Code 31814H_01_MS
All the material in this publication is copyright
© Pearson Education Ltd 2022
, lOMoARcPSD|20890953
BTEC Mark Scheme 2206
General marking guidance
• All learners must receive the same treatment. Examiners must mark the first learner in
exactly the same way as they mark the last.
• Mark schemes should be applied positively. Learners must be rewarded for what they
have shown they can do, rather than be penalised for omissions.
• Examiners should mark according to the mark scheme, not according to their
perception of where the grade boundaries may lie.
• All marks on the mark scheme should be used appropriately.
• All the marks on the mark scheme are designed to be awarded. Examiners should
always award full marks if deserved, i.e. if the answer matches the mark scheme.
Examiners should also be prepared to award zero marks if the learner’s response is not
worthy of credit according to the mark scheme.
• Where some judgement is required, mark schemes will provide the principles by which
marks will be awarded and exemplification may be limited.
• When examiners are in doubt regarding the application of the mark scheme to a
learner’s response, the team leader must be consulted.
• Crossed-out work should be marked UNLESS the learner has replaced it with an
alternative response.
Specific marking guidance for levels-based mark schemes
Levels-based mark schemes (LBMS) have been designed to assess learner work holistically.
They consist of two parts: indicative content and levels-based descriptors. Indicative
content reflects specific content-related points that a learner might make. Levels-based
descriptors articulate the skills that a learner is likely to demonstrate in relation to the
assessment outcomes being targeted by the question. Different rows within the levels
represent the progression of these skills.
When using a levels-based mark scheme, the ‘best fit’ approach should be used.
• Examiners should first make a holistic judgement on which band most closely matches the
learner’s response and place it within that band. Learners will be placed in the band that
best describes their answer.
• The mark awarded within the band will be decided based on the quality of the answer in
response to the assessment focus/objective and will be modified according to how securely
all bullet points are displayed at that band.
• Marks will be awarded towards the top or bottom of that band depending on how they have
evidenced each of the descriptor bullet points.
Owner: VQ Assessment Page 3 of 14 Version 1.0
Issue 1
DCL1
BTEC
Mark Scheme (Results)
Summer 2022
Unit 3: Personal and Business Finance (31463H)
, lOMoARcPSD|20890953
BTEC Mark Scheme 2206
Edexcel and BTEC Qualifi cations
Edexcel and BTEC qualifications come from Pearson, the world’s leading learning company.
We provide a wide range of qualifications including academic, vocational,
occupational and specific programmes for employers. For further information visit
our qualifications website at http://qualifications.pearson.com/en/home.html for our
BTEC qualifications.
Alternatively, you can get in touch with us using the details on our contact us page
at http://qualifications.pearson.com/en/contact-us.html
If you have any subject specific questions about this specification that require the
help of a subject specialist, you can speak directly to the subject team at Pearson.
Their contact details can be found on this link:
http://qualifications.pearson.com/en/support/support-for-you/teachers.html
You can also use our online Ask the Expert service at
https://www.edexcelonline.com You will need an Edexcel Online username and
password to access this service. Pearson: helping people progress, everywhere
Our aim is to help everyone progress in their lives through education. We believe in
every kind of learning, for all kinds of people, wherever they are in the world. We’ve been
involved in education for over 150 years, and by working across 70 countries, in 100
languages, we have built an international reputation for our commitment to high
standards and raising achievement through innovation in education. Find out more
about how we can help you and your learners at: www.pearson.com/uk.
June 2022
Publications Code 31814H_01_MS
All the material in this publication is copyright
© Pearson Education Ltd 2022
, lOMoARcPSD|20890953
BTEC Mark Scheme 2206
General marking guidance
• All learners must receive the same treatment. Examiners must mark the first learner in
exactly the same way as they mark the last.
• Mark schemes should be applied positively. Learners must be rewarded for what they
have shown they can do, rather than be penalised for omissions.
• Examiners should mark according to the mark scheme, not according to their
perception of where the grade boundaries may lie.
• All marks on the mark scheme should be used appropriately.
• All the marks on the mark scheme are designed to be awarded. Examiners should
always award full marks if deserved, i.e. if the answer matches the mark scheme.
Examiners should also be prepared to award zero marks if the learner’s response is not
worthy of credit according to the mark scheme.
• Where some judgement is required, mark schemes will provide the principles by which
marks will be awarded and exemplification may be limited.
• When examiners are in doubt regarding the application of the mark scheme to a
learner’s response, the team leader must be consulted.
• Crossed-out work should be marked UNLESS the learner has replaced it with an
alternative response.
Specific marking guidance for levels-based mark schemes
Levels-based mark schemes (LBMS) have been designed to assess learner work holistically.
They consist of two parts: indicative content and levels-based descriptors. Indicative
content reflects specific content-related points that a learner might make. Levels-based
descriptors articulate the skills that a learner is likely to demonstrate in relation to the
assessment outcomes being targeted by the question. Different rows within the levels
represent the progression of these skills.
When using a levels-based mark scheme, the ‘best fit’ approach should be used.
• Examiners should first make a holistic judgement on which band most closely matches the
learner’s response and place it within that band. Learners will be placed in the band that
best describes their answer.
• The mark awarded within the band will be decided based on the quality of the answer in
response to the assessment focus/objective and will be modified according to how securely
all bullet points are displayed at that band.
• Marks will be awarded towards the top or bottom of that band depending on how they have
evidenced each of the descriptor bullet points.
Owner: VQ Assessment Page 3 of 14 Version 1.0
Issue 1
DCL1
