Transcription of LIBF Level 3 Certificate in Financial Studies (CeFS) 600 ...
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The London Institute of Banking & Finance is a registered charity, incorporated by Royal Charter. This qualification is regulated by the regulatory authorities for England, Wales and Northern Ireland and is incorporated into the Regulated Qualifications Framework (RQF). LIBF Level 3 Certificate in Financial Studies (CeFS) 600 / 8537 / X Unit 1: Financial Capability for the Immediate and Short Term (FCIS) T / 504 / 8100 Specimen paper: B Length of examination: 45 minutes Instructions to learners 1. Open this question paper when instructed to do so.
CeFS Unit 1 – Financial Capability for the Immediate and Short Term (FCIS) Specimen Paper B Page 2 of 13 SpecimenB/FCIS 1. A local exchange trading scheme (LETS) is a way of accessing goods and services: A at a lower cost than the market price. B by borrowing money from the community. C using electronic payments. D without the need for money.
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