1 Adair County Career & Technical Education Standards DOMAIN: Unit 3 The Role of Money GRADE/COURSE: Accounting & Finance Foundations Subtitles followed by Learning Targets (I Can…statement) Standard RD-10-1.0.4 Students will interpret the meaning of jargon, dialect or specialized vocabulary found in a passage. DOK 2(1)(2) (3) (4) (5) RD-10-2.0.3 Students will apply the information contained in a passage to accomplish a task/procedure or to answer questions about a passage. DOK 2(1)(2) (3) (4) (5) MA-HS-1.3.1 Students will solve real-world and mathematical problems to specified accuracy levels by simplifying expressions with real numbers involving addition, subtraction, multiplication, division, absolute value, integer exponents, roots (square, cube) and factorials. DOK 2(4) (5) SS-HS-3.2.2 Students will describe economic institutions such as corporations, labor unions, banks, stock markets, cooperatives and partnerships. (1) (2) (3) PL-HS-3.2.1Students will apply financial management practices, including budgeting, banking (e.g., check writing, balancing a checking account), savings and investments (e.g., advantages and disadvantages of savings accounts, stocks, bonds, I CAN… THE ROLE OF MONEY 1. Explain where today’s money comes from and what is so great about the money 2. Discuss how money is more than just currency ECONOMIC INSTITUTIONS 3. Explain how one distinguishes an economic institution HOW DO CHECKS WORK?: & BANK RECONCILATON 4. Demonstrate how checks work 5. Demonstrate how a bank statement correlates to a check register with reconcilation Number of Days 10 Assessment for the Learning Target (check all that apply) Type of Assessment: ____Written ____Oral ____Private Conference ____Project ____Portfolio ____Essay ____Cooperative activity ____Presentation/performance ____Other Use of the Assessment: ____Formative (of learning) ____Summative (for learning) My Purpose for the Assessment: ____To analyze and direct lesson planning (content/process) ____To identify student needs ____To compare with other evidence of learning ____To contribute toward final grade ____To report to student and/or parents ____To help my students set goals Assessment Source: ____Textbook, page # ________ ____ Workbook, page # _______ ____ KCCT Coach Book Page # ________________ ____ Journal, type __________ ____Teacher-made (must be attached to this page in a separate document) ____Another source (book, website, etc.-attach source in separate document Type of feedback to student: ____ Evaluative ____ Descriptive 2 mutual funds, certificates of deposit, IRAs, 401Ks) and credit (e.g., responsible use of debit and credit cards, establishing and maintaining good credit, cause and effect of bankruptcy) and explain their importance in achieving short and long-term financial goals. (4) (5)