# CTE Resource Center - Verso - Office Administration NBEA Achievement Standards for Personal Finance Correlation by Task

CTE Resource Center - Verso

Virginia’s CTE Resource Center

NBEA Achievement Standards for Personal Finance Correlation by Task

In this course, the following tasks/competencies reinforce the standards listed beside them. Teachers may identify additional reinforcements in locally developed instructional materials.

Task/Competency Number Task/Competency Statement Standards
65 Identify various collection procedures. NBEA Achievement Standards for Personal Finance: Analyze factors that affect the choice of credit, the cost of credit, and the legal aspects of using credit. ♦ Analyze the sources of assistance for debt management. ♦ Compare and contrast the legal aspects of different forms of credit (e.g., title transfer, responsibility limits, collateral requirements, and co-signing). ♦ Describe the risks and responsibilities associated with using credit. ♦ Identify strategies for effective debt management. ♦ Research rights and responsibilities of consumers according to credit legislation (e.g., truth-in-lending, fair credit reporting, equal credit opportunity, and fair debt collection).