NEVADA FBLA EVENT HANDBOOK Business Calculations Acquiring a high level of mathematics skill to solve business problems is a challenge for all prospective business employees. This event provides recognition for FBLA members who have an understanding of mathematical functions in business applications. Eligibility Each chapter may enter members who are on record in the FBLA-PBL Online Membership System as having paid dues by March 1 of the current school year. No member may have competed in this event at a previous National Leadership Conference. Overview A one (1) hour online objective test will be administered based on the competencies listed. A calculator function is included in the online testing software. No additional calculator or other device may be used during testing. Objective Test Competencies q q q q q q q q q q q q Consumer credit Mark-ups and discounts Data analysis and reporting Payroll Interest rates Investments Taxes Bank records Insurance Ratios and proportions Depreciation Inventory NBEA Standards Reinforced by Event • • Accounting: special applications Computation: mathematical foundations, number relationships and operations, problem-solving applications, statistics and probability Career Cluster: Finance Nevada FBLA Competitive Event Handbook 2015-16 Version Page 38