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.
|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.
|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.
|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.
|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