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Standard 07

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MKT-HS.07

CTE-MKT logoMKT-HS.07 Standard 07:

Financial Analysis

Understands tools, strategies, and systems used to maintain, monitor, control, and plan the use of financial resources.

Standards Structure

  • Content Standards are listed at the top of the list and are the general statements of what students need to know and be able to do.
  • Topics are listed below the standards and further clarify a specific area of the standard.
    • Topic 7.1: Understand the fundamental principles of money needed to make financial exchanges.
    • Topic 7.2: Analyze financial needs and goals to determine financial requirements.
    • Topic 7.3: Understand the use of financial-services providers to aid in financial-goal achievement.
    • Topic 7.4: Use risk management products to protect a business’s financial well-being.
    • Topic 7.5: Acquire a foundational knowledge of accounting to understand its nature and scope.
    • Topic 7.6: Implement accounting procedures to track money flow and to determine financial status.
    • Topic 7.7: Acquire a foundational knowledge of finance to understand its nature and scope.
    • Topic 7.8: Implement financial skills to obtain business credit and to control its use.

Calculation Method for Standards

Standards are larger groups of related student competencies. So the Standard Score is a calculation of all the related student competencies. So click on the student competences identifiers name below each Standard to access the learning targets and proficiency scales for each Disciplinary Core Idea's related Performance Expectations.

MKT-HS.07.T01.01

MKT logo
(MKT) Standard 07: Financial Analysis
[Topic 1] Understand the fundamental principles of money needed to make financial exchanges.

MKT-HS.07.T01.01 Explain forms of financial exchange.

Proficiency Scale

The student can ...
1 Beginning
... with help, demonstrates a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
Start

2 Developing
... demonstrates no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
Simple

3 Proficient
“The Standard.”
... demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
Target

4 Advanced
... demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
Complex

MKT-HS.07.T01.02

MKT logo
(MKT) Standard 07: Financial Analysis
[Topic 1] Understand the fundamental principles of money needed to make financial exchanges.

MKT-HS.07.T01.02 Identify types of currency.

Proficiency Scale

The student can ...
1 Beginning
... with help, demonstrates a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
Start

2 Developing
... demonstrates no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
Simple

3 Proficient
“The Standard.”
... demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
Target

4 Advanced
... demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
Complex

MKT-HS.07.T01.03

MKT logo
(MKT) Standard 07: Financial Analysis
[Topic 1] Understand the fundamental principles of money needed to make financial exchanges.

MKT-HS.07.T01.03 Describe functions of money.

Proficiency Scale

The student can ...
1 Beginning
... with help, demonstrates a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
Start

2 Developing
... demonstrates no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
Simple

3 Proficient
“The Standard.”
... demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
Target

4 Advanced
... demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
Complex

MKT-HS.07.T01.04

MKT logo
(MKT) Standard 07: Financial Analysis
[Topic 1] Understand the fundamental principles of money needed to make financial exchanges.

MKT-HS.07.T01.04 Describe sources of income.

Proficiency Scale

The student can ...
1 Beginning
... with help, demonstrates a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
Start

2 Developing
... demonstrates no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
Simple

3 Proficient
“The Standard.”
... demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
Target

4 Advanced
... demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
Complex

MKT-HS.07.T01.05

MKT logo
(MKT) Standard 07: Financial Analysis
[Topic 1] Understand the fundamental principles of money needed to make financial exchanges.

MKT-HS.07.T01.05 Explain the time value of money.

Proficiency Scale

The student can ...
1 Beginning
... with help, demonstrates a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
Start

2 Developing
... demonstrates no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
Simple

3 Proficient
“The Standard.”
... demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
Target

4 Advanced
... demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
Complex

MKT-HS.07.T01.06

MKT logo
(MKT) Standard 07: Financial Analysis
[Topic 1] Understand the fundamental principles of money needed to make financial exchanges.

MKT-HS.07.T01.06 Explain the purposes and importance of credit.

Proficiency Scale

The student can ...
1 Beginning
... with help, demonstrates a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
Start

2 Developing
... demonstrates no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
Simple

3 Proficient
“The Standard.”
... demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
Target

4 Advanced
... demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
Complex

MKT-HS.07.T01.07

MKT logo
(MKT) Standard 07: Financial Analysis
[Topic 1] Understand the fundamental principles of money needed to make financial exchanges.

MKT-HS.07.T01.07 Explain legal responsibilities associated with financial exchanges.

Proficiency Scale

The student can ...
1 Beginning
... with help, demonstrates a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
Start

2 Developing
... demonstrates no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
Simple

3 Proficient
“The Standard.”
... demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
Target

4 Advanced
... demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
Complex

MKT-HS.07.T01.08

MKT logo
(MKT) Standard 07: Financial Analysis
[Topic 1] Understand the fundamental principles of money needed to make financial exchanges.

MKT-HS.07.T01.08 Determine financing needed to start a business.

Proficiency Scale

The student can ...
1 Beginning
... with help, demonstrates a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
Start

2 Developing
... demonstrates no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
Simple

3 Proficient
“The Standard.”
... demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
Target

4 Advanced
... demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
Complex

MKT-HS.07.T02.01

MKT logo
(MKT) Standard 07: Financial Analysis
[Topic 2] Analyze financial needs and goals to determine financial requirements.

MKT-HS.07.T02.01 Make responsible financial decisions.

Proficiency Scale

The student can ...
1 Beginning
... with help, demonstrates a partial understanding of some of the simpler details and processes (Score 2.0 content) and some of the more complex ideas and processes (Score 3.0 content).
Start

2 Developing
... demonstrates no major errors or omissions regarding the simpler details and processes but exhibits major errors or omissions regarding the more complex ideas and processes (Score 3.0 content).
Simple

3 Proficient
“The Standard.”
... demonstrates no major errors or omissions regarding any of the information and processes that were end of instruction expectations.
Target

4 Advanced
... demonstrates in-depth inferences and applications regarding more complex material that go beyond end of instruction expectations.
Complex

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