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Content description VCEBC014

Economics and Business / Levels 7 and 8 / Consumer and Financial Literacy
Content description
Explain the reasons why and the ways in which individuals and businesses set, prioritise and plan to achieve financial and organisational goals
Elaborations
  1. prioritising short-term personal financial objectives and identifying how these objectives can be achieved, for example, through developing a budget and having a savings plan
  2. explaining the need for setting long-term personal financial objectives and listing ways of achieving these objectives, for example, investment, superannuation or savings
  3. explaining how financial records such as income statements, budgets and cash flow inform business decision-making
Code
VCEBC014
Curriculum resources and support
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