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

CTE Resource Center - Verso

Virginia’s CTE Resource Center

Related NBEA Achievement Standards for Computation

NBEA Achievement Standards for Computation

NBEA (National Business Education Association) standards have been correlated to ensure that students and adults are afforded equal access to fundamental business knowledge and skills and, therefore, an equal opportunity for success in life" (National Standards for Business Education, NBEA, 2007).

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.

 

Calculate the total sales and the sales tax for a sales transaction.

 

Complete check records (e.g., check register and deposit slips).

 

Maintain electronic banking records.

 

Prepare a budget.

 

Reconcile the bank statement with the check register.