CTE Resource Center - Verso

Virginia’s CTE Resource Center

2018/2019 Competency-Based Task/Competency List for Personal Living and Finances (3120/36 weeks)

All tasks are considered essential statewide and are required of all students.

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Demonstrating Workplace Readiness Skills: Personal Qualities and People Skills

  1. Demonstrate positive work ethic.
  2. Demonstrate integrity.
  3. Demonstrate teamwork skills.
  4. Demonstrate self-representation skills.
  5. Demonstrate diversity awareness.
  6. Demonstrate conflict-resolution skills.
  7. Demonstrate creativity and resourcefulness.

Demonstrating Workplace Readiness Skills: Professional Knowledge and Skills

  1. Demonstrate effective speaking and listening skills.
  2. Demonstrate effective reading and writing skills.
  3. Demonstrate critical-thinking and problem-solving skills.
  4. Demonstrate healthy behaviors and safety skills.
  5. Demonstrate an understanding of workplace organizations, systems, and climates.
  6. Demonstrate lifelong-learning skills.
  7. Demonstrate job-acquisition and advancement skills.
  8. Demonstrate time-, task-, and resource-management skills.
  9. Demonstrate job-specific mathematics skills.
  10. Demonstrate customer-service skills.

Demonstrating Workplace Readiness Skills: Technology Knowledge and Skills

  1. Demonstrate proficiency with technologies common to a specific occupation.
  2. Demonstrate information technology skills.
  3. Demonstrate an understanding of Internet use and security issues.
  4. Demonstrate telecommunications skills.

Examining All Aspects of an Industry

  1. Examine aspects of planning within an industry/organization.
  2. Examine aspects of management within an industry/organization.
  3. Examine aspects of financial responsibility within an industry/organization.
  4. Examine technical and production skills required of workers within an industry/organization.
  5. Examine principles of technology that underlie an industry/organization.
  6. Examine labor issues related to an industry/organization.
  7. Examine community issues related to an industry/organization.
  8. Examine health, safety, and environmental issues related to an industry/organization.

Addressing Elements of Student Life

  1. Identify the purposes and goals of the student organization.
  2. Explain the benefits and responsibilities of membership in the student organization as a student and in professional/civic organizations as an adult.
  3. Demonstrate leadership skills through participation in student organization activities, such as meetings, programs, and projects.
  4. Identify Internet safety issues and procedures for complying with acceptable use standards.

Developing Consumer Skills

  1. Explain consumer rights, responsibilities, and remedies, and the importance of consumer vigilance.
  2. Interact with salespersons and merchants.

Demonstrating Knowledge of Banking Transactions

  1. Evaluate services and costs associated with personal banking.
  2. Reconcile bank statements.
  3. Demonstrate writing and endorsing a check.

Demonstrating Knowledge of Insurance, Credit, and Loan Functions

  1. Distinguish among the types, costs, and benefits of insurance coverage, including automobile, life, property, health, disability, and professional liability.
  2. Evaluate the various methods of financing a purchase.
  3. Compare terms and conditions of various sources of consumer credit.
  4. Compare the costs and conditions of secured and unsecured loans.
  5. Calculate payment schedules for a loan, using spreadsheets, calculators, and online tools.
  6. Complete a sample credit application.

Demonstrating Knowledge of Taxes

  1. Describe the types and purposes of local, state, and federal taxes and the way each is levied and used.
  2. Compute local, state, and federal taxes for self-employment, products, and services.
  3. Explain the similarities and differences between state and federal taxation of inheritances.
  4. Define the terminology associated with inheritance.
  5. Examine types and purposes of estate planning.

Demonstrating Knowledge of Personal Financial Planning

  1. Identify anticipated and unanticipated income and expenses.
  2. Develop a personal budget (e.g., income sources, expenses, savings).
  3. Describe how basic economic concepts influence a personal financial plan.

Demonstrating Knowledge of Investment and Savings Planning

  1. Compare the effect of simple interest vs. compound interest on savings.
  2. Compare investment and savings options.
  3. Explain costs and income sources for investments.