Common Planner
K–12 Standards

Banking and Finance Principles: Grades 10, 11, 12

Other Arkansas CTE sets

History of Banking

  • 1.1

    Explain the History of Banking

    1. 1.

      Analyze the weakness of the early banking system1.1.1

    2. 2.

      Discuss the National Bank Act and the effects it has had on the banking system1.1.2

    3. 3.

      Discuss the impact of the Great Depression on the banking industry1.1.3

Federal Reserve

  • 2.0

    Explain the purpose of the Federal Reserve Act

    1. 1.

      Interpret the purposes and services of the Federal Reserve System2.1.1

    2. 2.

      Identify the 12 federal reserve districts2.1.2

    3. 3.

      Analyze the makeup of the board of governors of the Federal Reserve System and how the members are elected or appointed2.1.3

    4. 4.

      Identifying the responsibilities of the Board of Governors for the Federal Reserve System2.1.4

    5. 5.

      Discuss monetary policy and how the Federal Reserve exercises control2.1.5

Reporting Financial Performance

  • 3.0

    Reporting Financial Performance

    1. 1.

      Assessing the importance of accurate accounting data3.1.1

    2. 2.

      Analyze Income Statements and Balance Sheets3.1.2

    3. 3.

      Evaluate performance ratios3.1.3

    4. 4.

      Describe cost allocation and pricing of services3.1.4

Deposit and Payment Function

  • 4.1

    Identify Deposits in Banks

    1. 1.

      Distinguish between the major types of deposit accounts4.1.1

    2. 2.

      Classify Interest-Bearing accounts4.1.2

    3. 3.

      Explain how interest is calculated4.1.3

    4. 4.

      Analyze the flow of deposits4.1.4

    5. 5.

      Describe Deposit Regulations4.1.5

    6. 6.

      Exploring Advances in Banking Technology4.1.6

  • 4.2

    Negotiable Instruments

    1. 1.

      Identify the Different Types of Negotiable Instruments4.2.1

    2. 2.

      Identify Bank Requirements For Honoring Checks4.2.2

    3. 3.

      List Common Forms of Check Endorsements4.2.3

    4. 4.

      State the Sequence of Events As a Check is Processed For Payment4.2.4

    5. 5.

      Explain How Banks And Other Financial Institutions Use Automated Forms Of Payment4.2.5

The Credit Function

  • 5.1

    Identify Bank Loans and Mortgages

    1. 1.

      Categorize Consumer Loans And Discuss Consumer Loan Theory5.1.1

    2. 2.

      Granting And Analyzing Credit5.1.2

    3. 3.

      Discuss Bank Loans And Policy5.1.3

    4. 4.

      Critique Mortgage Lending5.1.4

    5. 5.

      Analyze Government-Backed Loans5.1.5

    6. 6.

      Explain The Mortgage Crisis5.1.6

Frequently asked questions

What grade levels do these standards cover?
Grade 10, Grade 11, and Grade 12
When were these standards adopted?
2014
Where can I read the official document?
Banking and Finance Principles

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