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Unit 2  Managing Financial Resources and Decisions

Aim

The unit aim is to provide learners with an understanding of where and how to access sources of finance for a business, and the skills to use financial information for decision making.

On successful completion of this unit a learner will:

1 Understand the sources of finance available to a business

2 Understand the implications of finance as a resource within a business

3 Be able to make financial decisions based on financial information

4 Be able to evaluate the financial performance of a business.

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