# CTE Resource Center - Verso - Accounting NBEA Achievement Standards for Management Correlation by Task

CTE Resource Center - Verso

Virginia’s CTE Resource Center

NBEA Achievement Standards for Management 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
64 Compare accounting procedures for different types of business ownership and business cycles. NBEA Achievement Standards for Management: Identify and provide examples of the basic forms of business ownership (e.g., sole proprietorship, partnership, cooperative, LLC, and corporation). ♦ Identify variations of basic ownership forms (e.g., franchise, limited partnership, limited liability company, and S corporation).