DecA(I)de

Financial Literacy (FI) performance indicators

212 performance indicators entries in the Financial Literacy area of our Finance study dataset.

Codes link directly to entries in this table.
CodeIndicator
FI:058Explain different forms of financial exchange
FI:059Identify various types of currency
FI:060Describe the functions that money serves
FI:061Identify sources of income and compensation
FI:062Explain the concept of time value of money
FI:002Explain why credit exists and its importance
FI:063Explain legal obligations tied to consumer financial products and services
FI:270Explain why saving and investing are necessary
FI:065Set personal financial goals
FI:066Create a personal budget
FI:562Calculate personal net worth
FI:067Explain basics of tax liabilities
FI:081Interpret the information on a pay stub
FI:560Demonstrate how to write checks
FI:069Maintain accurate financial records
FI:070Reconcile a bank account
FI:567Explain reasons for charitable giving
FI:830Manage online financial accounts securely
FI:782Calculate the true cost of credit
FI:071Demonstrate responsible credit usage
FI:072Verify and validate one’s credit history
FI:783Make sound and responsible financial decisions
FI:073Explain how to protect against identity theft
FI:565Demonstrate how to pay bills on time
FI:625Explain how to apply for a consumer loan
FI:568Demonstrate how to control and manage debt
FI:074Explain how to prepare personal income tax forms
FI:831Discuss options for financing a college education
FI:569Explain principles of retirement planning
FI:572Explain basics of estate planning
FI:075Describe types of financial-services providers
FI:076Discuss factors to consider when choosing a financial-services provider
FI:077Explain different investment options
FI:081Describe the concept of insurance
FI:571Determine one’s insurance needs
FI:579Explain the importance of financial information
FI:085Explain basic accounting concepts
FI:351Discuss ethical issues in accounting
FI:352Explain how technology is used in accounting
FI:353Explain legal considerations in accounting
FI:091Describe the purpose of cash flow statements
FI:093Explain the purpose of balance sheets
FI:094Describe the purpose of income statements
FI:354Explain finance’s role within a business
FI:355Discuss ethical issues in finance
FI:356Explain legal considerations in finance
FI:106Describe the nature and purpose of budgets
FI:541Interpret cash-flow statements
FI:604Track expenses
FI:113Explain cash control procedures
FI:310Maintain petty-cash fund
FI:603Arrange advance travel cash
FI:778Manage purchasing cards
FI:277Describe information that can be obtained from annual reports
FI:343Explain the purpose of internal accounting controls
FI:658Describe cost categories used in managerial accounting
FI:659Explain marginal analysis techniques and their applications
FI:660Explain fundamentals of managerial accounting
FI:661Discuss how variance analysis is used in practice
FI:662Explain cost accounting budgeting processes
FI:663Discuss methods of cost allocation
FI:342Explain the steps in the accounting cycle
FI:673Differentiate types of business transactions
FI:674Differentiate types of business documentation
FI:378Demonstrate how transactions affect the accounting equation
FI:385Prepare a chart of accounts
FI:407Explain what special journals are
FI:381Journalize business transactions
FI:382Post journal entries to the general ledger
FI:383Prepare a trial balance
FI:384Journalize and post adjusting entries
FI:385Journalize and post closing entries
FI:386Prepare a post-closing trial balance
FI:675Identify and correct errors in accounting
FI:387Prepare accounting worksheets
FI:396Reconcile cash accounts
FI:676Account for petty cash transactions
FI:677Record cash receipts
FI:678Record cash payments
FI:409Explain the nature of accounts payable
FI:679Record purchase transactions
FI:680Process accounts payable transactions
FI:424Explain the nature of accounts receivable
FI:682Record sales transactions
FI:683Process accounts receivable transactions
FI:432Record inventory transactions accurately
FI:435Process inventory adjustments
FI:586Explain methods used to value inventory
FI:436Calculate the cost or value of inventory
FI:638Explain payroll expense concepts
FI:134Maintain employee earnings records
FI:438Calculate employee earnings
FI:439Calculate employee deductions
FI:442Calculate payroll taxes
FI:686Record payroll transactions
FI:687Process payroll payments and remittances
FI:443Prepare payroll tax returns and related reports
FI:642Discuss the nature of long-term assets
FI:690Describe methods for valuing long-term assets
FI:691Record long-term asset transactions
FI:692Account for long-term liabilities
FI:693Record provisions for liabilities
FI:484Explain tax accounting record-keeping procedures
FI:696Calculate taxes owed by clients
FI:697Record tax-related transactions
FI:698Prepare client tax returns
FI:485Identify tax issues affecting clients
FI:717Differentiate types of responsibility centers in management accounting
FI:718Discuss cost-volume-profit analysis applications
FI:719Explain cost accounting systems and their uses
FI:720Differentiate between variable and absorption costing methods
FI:721Describe common performance measures in managerial accounting
FI:722Discuss the role of standard costing in budgeting
FI:723Explain the concept of flexible budgeting
FI:724Explain how transfer pricing works in managerial accounting
FI:725Explain how operational practices (e.g., TQM, lean, JIT) impact managerial accounting
FI:388Discuss the purpose and content of annual reports
FI:449Analyze transactions and accounts (purchases, sales, returns, depreciation, uncollectibles, debt)
FI:706Assess risk of financial accounting fraud
FI:344Explain the purpose of audits and assurance engagements
FI:713Distinguish between internal and external audits
FI:714Describe auditing procedures and techniques
FI:482Conduct an audit engagement
FI:450Maintain job-order cost sheets
FI:451Calculate cost of goods sold
FI:726Apply cost-accounting techniques
FI:728Explain different budgeting systems
FI:394Project future revenues and expenses
FI:460Process preliminary budget details
FI:543Explain key banking ratios and terms
FI:544Perform key banking calculations
FI:608Describe how bank investment portfolios function
FI:609Explain factors affecting bank portfolio quality
FI:345Discuss how depreciation works
FI:359Describe the nature of cash flows
FI:523Discuss corporate bonds and their functions
FI:524Explain the costs associated with corporate bonds
FI:526Explain how corporations issue stock
FI:528Explain the costs related to common stock
FI:729Describe how stock options function
FI:730Explain the mechanics of initial public offerings (IPOs)
FI:733Describe components of a payment system
FI:734Describe components of a collection system
FI:735Manage bank accounts, including services, fees, and system integration
FI:513Describe fundamentals of short-term financial management
FI:739Explain cash management procedures
FI:505Use cash budgets effectively
FI:633Analyze how accounts payable schedules affect working capital
FI:637Analyze how accounts receivable collection impacts the working capital cycle
FI:639Discuss how employee benefits affect a company’s financials
FI:641Explain how obsolescence impacts business expenses
FI:507Prepare cash flow budgets and forecasts
FI:508Analyze variances in cash budgets and forecasts
FI:740Evaluate lease agreements
FI:741Develop policies for managing trade credit
FI:360Explain capital markets’ role in business finance
FI:367Calculate stock-related metrics (e.g., constant growth model, expected dividends, expected return)
FI:236Calculate bond-related values (e.g., yield to maturity, coupon payment, price)
FI:078Explain capital investment fundamentals
FI:745Explain methods for analyzing capital investments (e.g., payback period, NPV, IRR)
FI:746Describe how cost of capital affects investment decisions
FI:747Calculate cost of capital and its components (debt, equity)
FI:492Calculate investment cash flows (initial, operating inflows/outflows, terminal)
FI:646Use time value of money concepts to make investment decisions
FI:748Calculate return on capital investments (payback, NPV, IRR)
FI:750Identify costs and benefits of projects
FI:753Monitor a project portfolio effectively
FI:756Manage loan portfolios
FI:757Manage investment portfolios
FI:758Manage pension investment portfolios
FI:346Explain types of dividends
FI:530Explain dividend reinvestment plans (DRIPs)
FI:502Discuss the financial planning process
FI:503Discuss short-term (operating) financial plans
FI:717Differentiate cost, profit, investment, and revenue responsibility centers
FI:718Explain cost-volume-profit analysis applications
FI:719Discuss various cost accounting systems (job, process, standard, activity-based)
FI:720Differentiate variable costing and absorption costing
FI:721Describe common performance measures in management accounting (e.g., balanced scorecard, ROI, customer profitability)
FI:722Discuss how standard costing is used in budgeting
FI:723Explain what flexible budgets are
FI:724Explain how transfer pricing functions in managerial accounting
FI:725Explain how operational practices (e.g., TQM, lean, JIT) affect managerial accounting
FI:768Perform budgetary cost analysis (direct, indirect, sunk, differential costs)
FI:769Conduct responsibility center budgeting (cost, profit, investment, revenue)
FI:509Discuss pro forma financial statements
FI:546Analyze a company’s financial condition using its financial statements
FI:547Discuss external factors that influence a company’s value
FI:548Explain how companies create value
FI:449Analyze transactions and accounts (purchases, sales, returns, depreciation, uncollectibles, debt)
FI:347Compare mergers and acquisitions
FI:536Explain hostile takeover dynamics
FI:772Explain divestiture concepts (spin-offs, split-ups, etc.)
FI:367Calculate stock-related metrics (constant growth model, dividends, return)
FI:236Calculate bond-related values (yield, coupon payment, price relationships)
FI:348Discuss various investment objectives
FI:349Discuss different types of investment risk
FI:350Describe diversification strategies and their purposes
FI:279Explain factors to consider when choosing investments
FI:276Explain information derived from financial statements
FI:277Describe information obtained from a company’s annual reports
FI:361Explain what a mutual fund prospectus is
FI:280Explain how fundamental analysis is used in investment decisions
FI:362Describe the basics of technical analysis
FI:283Explain strategies for selecting investments
FI:281Interpret key financial ratios for investors
FI:668Calculate real estate investment metrics (cap rate, gross rental multiplier, return)
FI:669Make investment choices based on technical analysis
FI:282Analyze securities’ fundamentals for investment decisions
FI:284Select investments using fundamental analysis
FI:670Conduct quantitative and qualitative real estate investment analysis
FI:671Choose real estate investments based on comprehensive analysis

More Finance areas

About this study catalogue

This reference uses DecA(I)de's bundled deca-pis.json and decaidevocab.json study datasets. Counts are entries, not unique indicators or terms; the same item can appear in multiple groups. Code punctuation and display formatting are normalized.

Personal Financial Literacy uses benchmark-style codes such as 4-1a, distinct from business performance-indicator codes such as BL:003. The bundled files do not include an edition, source-document citation or licensing record. We have not verified every entry against current official wording. Consult DECA's competitive-event resources and your advisor for the current requirements for your event.

Found a discrepancy? Contact DecA(I)de support with the page URL and the relevant source document.

Practise against these indicators, not just read them. DecA(I)de generates roleplays and practice exams scored using its study catalogue. AI feedback is for practice, not an official score. Free during early access; chapter and account approval may be required.

Get started free Chapter advisor? Ask about setup