GCE OL Syllabi GRADE 11
GCE OL Syllabi GRADE 11
GCE OL Syllabi GRADE 11
6.2 Inquires about the Advantages of a Current Account Lists the advantages of a Current Account 04
advantages of maintain-
Transacting through cheques Names Parties related to a cheque
ing a Current Account
and the implecations of Availability of overdraft facilities Describes the procedures to open a current
the cheque account
Facilities for direct deposits
Completes a model cheque
Implementation of Standing Orders
Discribes the steps involved depositing a
Security cheque in the bank
Receipt of Bank Statement
Competency Competency Level Content Learning Outcomes No. of
Periods
Parties related to a cheque
Drawer
Drawee
Receiver
Writing Cheques
Crossing Cheques
Endorsement of Cheques
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6.3 Builds a Basis for Concept of Insurance Explains the Concept of Insurance 03
Risk Management by in- Show the difference between Life Assurance
quiring into the impor- Life Assurance
and Property Insurance
tance of Insurance. Property Insurance
Explain the Principles of Insurance
Principles of Insurance
Insurable interest
Utmost good faith
Indemnity
(At GCE (O/L) it is adequate if the concept
of Insurance is discussed in simple form)
Competency Competency Level Content Learning Outcomes No. of
Periods
6.4 Inquires into the The concept of communication Explain the concept of communication 03
basis of communication How communication take place in a Name the fields of communication
and prepares the ground- Business.
work necessary for its Show communication mode and methods
Internal
use. Describe the elements of communication
External listing its process
Mode of Communication
List factors that should be taken into
Oral consideration in the selection of a method
of communication
Written
Electronic
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Cost
Capacity
Security
Availability
Speed
How transport contributes in ensuring
the efficiency of a business
Different fields of transport and their
advantages and disadvantages
Highways Flight paths
Railway lines Waterways
Competency Competency Level Content Learning Outcomes No. of
Periods
6.6 Exhibits basic Domestic trade
04
ability to become a Retail trade Explains domestic trading
real party in Domestic
Features/Nature Explains retail trading
trade and Foreign trade
Wholesale trade States the importance of retail trading
Features/Nature States the importance of wholesale trade.
The difference between retail and Shows the difference between retail trading
wholesale trade
and wholesale trading
Foreign trade
Explains foreign trading
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account of a business 54
financial Trading account
Name the Financial Statements of a
statements of a Opening stock
business business 05
Purchases
Calculate cost of goods sold
Carriage inwards
Prepare trading account and calculates gross
Closing stock profit or loss
Sales
Cost of goods sold
Gross profit/loss
Competency Competency Level Content Learning Outcomes No. of
Periods
8 Profit and loss account 10
8.2 Prepares profit
and loss account of a Distribution expenses To explain the profit/loss account.
business Institutional and Administrative To record distribution expenses
expenses(Administrative expenses)
To record administration expenses
Financial and other expenses
To record financial and other expenses
Recording of gross profit or loss
To add other income to the gross profit
Other income
Prepare trading profit and loss account
Net profit/loss
Calculates Net profit or loss
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9.2 Inquires about the Introduction to investing in the Share Show the importance of Investing in the 05
Market Share Market
importance of investing in
the share market. Means of Share Market investment Show the importance of the purchase of
Purchase of Ordinary shares ordinary shares
Purchase of Treasury Bills Show the importance of purchasing Treasury
Bills
Importance of the securities and
exchange commission.
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