Description: Students will be challenged to perform management functions and tasks focusing on the application of financial data to business planning, including collection and organization of data, development and use of reports, and analysis of data to make business decisions. Concepts include understanding the source and purpose of financial statements, the impact of management decisions on statements, and the analysis and interpretation of data for planning purposes.
Event overview: 1 participant, cluster exam, 2 role-plays
Event timing: 10 minutes of preparation, 10 minutes of presentation time
Recommended if: You’ve taken an accounting, bookkeeping, or personal finance class, feel comfortable working with accounting records and can record, report, and evaluate financial data appropriately.
Recommended years of DECA experience: 1 year of experience