technical skills assessments: business and finance programs michigan state board of education...
TRANSCRIPT
Technical Skills Assessments: Business and Finance Programs
Michigan State Board of Education Meeting
October 12, 2010
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Perkins IV Requirement
• Student attainment of career and technical skill proficiencies, including student achievement on technical assessments, that are aligned with industry-recognized standards
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Assessment and AccountabilityAdvisory Group
• Originally formed to provide input to OCTE to develop the Perkins State Plan
• Will continue as an advisory group throughout the CTE assessment program
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Business, Management and Administration Assessment
• States’ Career Cluster Business, Management, Administration and Operations Foundation Standards
• NOCTI General Management Pathway Assessment aligns to these cluster level standards
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Assessment Item:
Standard IX.G. Understands the processes and systems implemented to monitor, plan, and control the day-to-day activities required for continued business functioning.
A sales forecast can help a retailer:
a. accurately plan for the upcoming holiday season b. maintain accurate purchasing records c. determine the cost of goods sold d. determine past profits
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Assessment Item:
Standard VIII.B.3. Understands economic systems to be able to recognize the environments in which businesses function.
A market economy is one that :
a. is dependent on agriculture and natural resources b. has low economic wealth c. has all economic activities regulated by the
government d. is based on supply and demand
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Accounting-Advanced Assessment
• NOCTI Accounting-Advanced assessment is aligned to the standards adopted for the secondary Finance and Financial Management Services program
• Measures knowledge required of entry-level workers in the finance industry
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Accounting-Advanced Item
An inventory method that shows a change in the amounts on hand as the changes occur is called a _______ inventory.
A. physical
B. perpetual
C. merchandise control
D. sales
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Accounting-Advanced ItemThe declaration of a cash dividend is recorded as a: A. debit to Retained Earnings and a credit to
Dividends Payable B. credit to Stock Dividends and a debit to Owner’s
Equity C. debit to Stock Dividends and a credit to Owner’s
Equity D. credit to Retained Earnings and a debit to
Dividends Payable
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Criterion-Referenced Cut Scores
• Recommended cut score for General Management assessment: 53
• Recommended cut score for Accounting-Advanced assessment: 46.6
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Current Status of CTE Assessments
2010-2011• Health Sciences Assessment (approved 2009) –
continuing implementation • Field test of Accounting-Advanced assessment for
Finance completed 2010. Implementation upon approval
• Field test of General Management assessment for BMA completed 2010. Implementation upon approval
• Field test of Agriculture, Food and Natural Resources assessment initiated 2010 – continuing in 2010-2011
• Field test of Aviation assessment initiated in 2010 – continuing in 2010-2011
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Contact
For more information, contact:
Patty Cantú, Director
Office of Career and Technical Education
241-2900