Personal Finance Semester One
District Assessment Connection for South Dakota Core Standards
Indicator 1: Identify various forms of income and analyze factors that affect income.
| Standards | Test Questions |
| PF01-01. Students will be able to analyze how career choices, education, skills, and economic conditions affect income. | 1, 3, 27, 50 |
| PF01-02. Students will be able to explain how taxes, government transfer payments, and employee benefits impact disposable income. | 5, 6, 29, 30 |
Indicator 2: Explain the processes involved in managing your personal finances.
| Standards | Test Questions |
| PF02-01. Students will be able to explain the importance of taking responsibility for personal financial decisions. | 33, 41, 42, 45 |
| PF02-02. Students will be able to evaluate available money management tools. | 2, 7, 55, 56 |
| PF02-03. Students will be able to design a plan for managing finances. | 8, 9, 38, 60 |
| PF02-04. Students will be able to organize personal finance records. | 43, 57, 58, 59 |
| PF02-05. Students will be able to analyze how risk-management strategies protect against financial loss. | 25, 31, 32, 37 |
Indicator 3: Use a rational decision-making process as it applies to informed decisions on spending and credit.
| Standards | Test Questions |
| PF03-01. Students will be able to apply a rational decision-making process to personal buying decisions. | 4, 12, 34, 46 |
| PF03-02. Students will be able to compare the advantages and disadvantages of different payment methods. | 20, 21, 48, 49 |
| PF03-03. Students will be able to analyze the sources, benefits and costs of consumer credit. | 10, 11, 47, 51 |
| PF03-04. Students will be able to assess the positive and negative consequences of using credit. | 13, 22, 24, 36 |
| PF03-05. Students will be able to explain the rights and responsibilities of buyers and sellers under consumer protection laws. | 14, 15, 35, 44 |
Indicator 4: Evaluate savings and investment options to meet short- and long-term goals.
| Standards | Test Questions |
| PF04-01. Students will be able to compare and contrast the risk, return, and liquidity of saving and investment options. | 16, 39, 40, 52 |
| PF04-02. Students will be able to apply criteria for choosing savings and investment options. | 17, 18, 19, 26 |
| PF04-03. Students will be able to explain why and how regulating agencies protect savers and investors. | 23, 28, 53, 54 |
TOTAL QUESTIONS = 60 questions
ESSAY = 10 points