|All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.|
|SOUTH AFRICAN QUALIFICATIONS AUTHORITY|
|REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE:|
|Perform International Trade Calculations|
|SAQA US ID||UNIT STANDARD TITLE|
|11240||Perform International Trade Calculations|
|SGB Procurement, Logistics and Supply Chain Mngt|
|PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY|
|Field 03 - Business, Commerce and Management Studies||Procurement|
|ABET BAND||UNIT STANDARD TYPE||PRE-2009 NQF LEVEL||NQF LEVEL||CREDITS|
|Undefined||Regular||Level 3||NQF Level 03||6|
|REGISTRATION STATUS||REGISTRATION START DATE||REGISTRATION END DATE||SAQA DECISION NUMBER|
Passed the End Date -
Status was "Reregistered"
|LAST DATE FOR ENROLMENT||LAST DATE FOR ACHIEVEMENT|
|In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.|
This unit standard is replaced by:
|US ID||Unit Standard Title||Pre-2009 NQF Level||NQF Level||Credits||Replacement Status|
|252274||Perform international trade calculations||Level 4||NQF Level 04||6||Complete|
|PURPOSE OF THE UNIT STANDARD|
|This Unit Standard is intended for people who are or who wish to be employed in international commerce. The purpose of this Unit Standard is to provide individuals with the opportunity to apply numeric skills to transactions that form part of the international trade cycle.
Individuals who are credited with this Unit Standard will be able to perform calculations that are applicable within the context of international trade.
|LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING|
|XX18: Perform Basic Calculations
NQF Level 3 Numeracy 3
|UNIT STANDARD RANGE|
|Learners accredited with this Unit Standard expected to demonstrate applied competence with the use of a calculator. Arithmetic techniques covered by this Unit Standard are restricted to those applicable in the field of international trade in which numerical formulae are largely set. Learners are therefore not expected to develop their own formulae.
Calculations referred to require application of the basic arithmetic principles, and more complex concepts such as calculus are excluded. Learners are expected to complete accurate calculations under extreme time pressure.
|Specific Outcomes and Assessment Criteria:|
|SPECIFIC OUTCOME 1|
|The learner must demonstrate the ability to consider a range of options.|
|The learner must demonstrate the ability to consider a range of options, make decisions about and evidence performance around each of the specific outcomes.|
|ASSESSMENT CRITERION 1|
|1. Calculate proportions for the purpose of allocating costs in international trade transactions involving a number of commodities.|
|ASSESSMENT CRITERION 2|
|2. Apply percentage calculations in pricing negotiations, in order to determine their viability.|
|ASSESSMENT CRITERION 3|
|3. Convert foreign currencies as part of the landed and export costings calculations.|
|ASSESSMENT CRITERION 4|
|4. Calculate interest on amounts owing and owed to the business for the purposes of cash flow management.|
|ASSESSMENT CRITERION RANGE|
|This includes calculating compound interest
|ASSESSMENT CRITERION 5|
|5. Calculate landed and export costings using given variables.|
|ASSESSMENT CRITERION 6|
|6. Perform break-even analysis.|
|ASSESSMENT CRITERION 7|
|7. Perform a critical path analysis as part of international project management.|
|UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS|
|1. Anyone assessing a learner against this unit standard must be registered as an assessor with the relevant ETQA.
2. Any institution offering learning that will enable achievement of this unit standard must be accredited by the relevant ETQA.
3. Moderation of assessment will be done by the relevant ETQA at its discretion.
|UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE|
|ESSENTIAL EMBEDDED KNOWLEDGE:
The learners can understand, explain and apply:
1. Proportional allocations
3. Foreign currency conversions
4. Interest calculations
5. Landed and export costings
6. Break-even analysis
7. Critical-path analysis
|Critical Cross-field Outcomes (CCFO):|
|UNIT STANDARD CCFO ORGANISING|
|1. Organise and manage oneself and one`s activities responsibly and effectively|
|UNIT STANDARD CCFO COLLECTING|
|2. Collect, analyse, organise and critically evaluate information,eg,|
|UNIT STANDARD CCFO COMMUNICATING|
|3. Communicate effectively using visual, mathematical, and/or language skills in the modes of written and/or oral presentation,eg,|
|UNIT STANDARD ASSESSOR CRITERIA|
A composite statement of outcomes which expresses applied competence in the particular component of practice
Outcomes will be judged by whether the learner can :
1. Select and apply the correct calculation and/or formulae for the context of a commercial transaction, meeting time and accuracy requirements
2. Demonstrate ability to perform specific commercial arithmetic calculations such as
! Currency conversions
! Interest (including compound interest)
! Landed and export costings
! Break-even analysis
! Critical-path analysis
|UNIT STANDARD NOTES|
|This unit standard has been replaced by unit standard 252274, which is "Perform international trade calculations", Level 4, 6 credits.|
|QUALIFICATIONS UTILISING THIS UNIT STANDARD:|
|ID||QUALIFICATION TITLE||PRE-2009 NQF LEVEL||NQF LEVEL||STATUS||END DATE||PRIMARY OR DELEGATED QA FUNCTIONARY|
|Fundamental||22440||National Certificate: Customs Clearing||Level 3||NQF Level 03||Passed the End Date -
Status was "Reregistered"
|2008-09-13||Was TETA until Last Date for Achievement|
|Fundamental||22442||National Certificate: Freight Forwarding||Level 3||NQF Level 03||Passed the End Date -
Status was "Reregistered"
|PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD:|
|This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
|1.||Aldabri 106 Institute for Quality Pty Ltd|