VCEBC014
Explain the reasons why and the ways in which individuals and businesses set, prioritise and plan to achieve financial and organisational goals
Elaborations
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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
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explaining the need for setting long-term personal financial objectives and listing ways of achieving these objectives, for example, investment, superannuation or savings
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explaining how financial records such as income statements, budgets and cash flow inform business decision-making
VCEBC014 | The Humanities | Economics and Business | Levels 7 and 8 | Consumer and Financial Literacy