# CTE Resource Center - Verso - Office Specialist III--Preparation Related NBEA Achievement Standards for Personal Finance

CTE Resource Center - Verso

Virginia’s CTE Resource Center

Related NBEA Achievement Standards for Personal Finance

NBEA Achievement Standards for Personal Finance

NBEA (National Business Education Association) standards have been correlated to ensure that students and adults are afforded equal access to fundamental business knowledge and skills and, therefore, an equal opportunity for success in life" (National Standards for Business Education, NBEA, 2007).

Calculate net pay.

 

Calculate personal tax liabilities for various types of taxes (e.g., property, income, sales, FICA, and Medicare).

 

Describe and use the steps involved in the bank reconciliation process.

 

Describe the steps involved in opening and using a checking account.

 

Differentiate between gross and net income.