# CTE Resource Center - Verso - Principles of Business and Marketing NBEA Achievement Standards for Computation Correlation by Task

CTE Resource Center - Verso

Virginia’s CTE Resource Center

NBEA Achievement Standards for Computation Correlation by Task

In this course, the following tasks/competencies reinforce the standards listed beside them. Teachers may identify additional reinforcements in locally developed instructional materials.

Task/Competency Number Task/Competency Statement Standards
80 Identify the major types of business taxation. NBEA Achievement Standards for Computation: Calculate the total sales and the sales tax for a sales transaction.
81 Compute gross and net pay. NBEA Achievement Standards for Computation: Calculate gross earnings (e.g., salary, hourly rate, commission, per diem, tips, or production). ♦ Calculate payroll withholdings, Social Security and Medicare deductions, other deductions, and net earnings.
85 Demonstrate maintenance of checking and saving accounts. NBEA Achievement Standards for Computation: Complete check records (e.g., check register and deposit slips). ♦ Maintain electronic banking records. ♦ Reconcile the bank statement with the check register.
86 Manage a budget. NBEA Achievement Standards for Computation: Prepare a budget.