Standard 2: Develop an understanding of basic accounting and economic principles.

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General Information
Number: MA.912.FL.2
Title: Develop an understanding of basic accounting and economic principles.
Type: Standard
Subject: Mathematics (B.E.S.T.)
Grade: 912
Strand: Financial Literacy

Related Benchmarks

This cluster includes the following benchmarks.

Related Access Points

This cluster includes the following access points.

Access Points

MA.912.FL.2.AP.2
Calculate the profit when given the expenses and revenue from a real-world problem.
MA.912.FL.2.AP.3
Given the consumer price index (CPI), stock indices, or unemployment rates for two different time periods, identify whether the rates are increasing or decreasing.
MA.912.FL.2.AP.4
Given current exchange rates, convert between currencies.
MA.912.FL.2.AP.5
Given typical monthly expenses (housing, utilities, food, etc.), determine the monthly income needed.
MA.912.FL.2.AP.6
Given a paycheck, identify the taxes taken out.

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