Get documents about "Advanced Financial Services
Description
Advanced Financial Services document sample
Document Sample
Oklahoma BPA
FINANCIAL SERVICES
EVENTS
Fundamental Accounting (01)
Advanced Accounting (02)
Computerized Accounting (03)
Payroll Accounting (04)
Spreadsheet Applications & Analysis (05)
Banking & Finance (06)
Economic Research Project—Individual (08)
Economic Research Project—Team (09)
Financial Math & Analysis—Open Event (10)
16
Fundamental Accounting (01)
Description
Assess entry-level basic accounting principles utilizing manual procedures. Students analyze,
journalize, and post transactions; develop general and subsidiary ledgers; and prepare payroll and
financial reports.
Eligibility
Limited to students enrolled in the first year of accounting or who have completed the first year and
are not enrolled in second year accounting. This event may not be repeated.
Contestant must supply No equipment, supplies, or materials other than
No. 2 pencils, pens those specified for an event will be allowed in
Cordless calculator: Electronic devices will be the testing area.
monitored according to ACT standards. See No previous Business Professionals of America
Web site tests and/or sample tests or facsimiles thereof
www.act.org/aap/taking/calculator.html. (handwritten, photocopied, or keyed) may be
Contestants who violate this rule will be taken into the testing area. Violation of this
disqualified. rule will result in disqualification.
Ruler
Published and/or unpublished written reference
materials
Competencies:
Demonstrate knowledge of the basic Apply fundamental accounting procedures
terminology, principles, concepts, and using a manual system
practices of the accounting cycle Demonstrate knowledge of calculating
Demonstrate an understanding of the interest
fundamental accounting equation
The contestant may demonstrate knowledge and skills in the following:
Define accounting terms and concepts, and Journalize and post entries relating to bank
explain the purpose of the accounting service charges
system Differentiate between forms of business
Analyze transactions affecting assets, ownership
liabilities, and owner’s equity Differentiate between a service and a
Analyze transactions affecting revenues, merchandising business
expenses, and withdrawals Analyze transactions relating to the purchase
Prepare a chart of accounts using proper of merchandise
numerical sequencing Analyze transactions relating to the sale of
Record transactions in general and special merchandise
journals Post from general and special journals to
Prepare a trial balance general and subsidiary ledgers
Calculate and record end-of-period Prepare schedules for subsidiary ledgers
adjustments Open and replenish a petty cash fund and
Prepare worksheets and financial statements journalize transactions
Update accounts through adjusting and Prepare a post-closing trial balance
closing entries Process payroll data and prepare basic payroll
Describe forms used to open and use a tax reports
checking account Find and correct error
Reconcile a bank statement
17
Method of evaluation: Length of event:
Objective-to be offered online; check 20 minutes of orientation/wrap-up
conference website for dates for your 90 minutes of testing time
region—30 minutes
Application-to be offered at SLC—60 Entries:
minutes Each school is allowed two entries.
18
Advanced Accounting (02)
Description
Interpret and analyze partnerships, corporate, and/or manufacturing accounting data using manual
methods. Students evaluate financial data and budgets, audit inventory and cost accounts, and perform
payroll procedures.
Eligibility
Any student may enter this event. Contestant may not enter Fundamental Accounting and Advanced
Accounting in the same year.
Contestant must supply No equipment, supplies, or materials other than
No. 2 pencils, pens those specified for an event will be allowed in
Cordless calculator: Electronic devices will be the testing area.
monitored according to ACT standards. See No previous Business Professionals of America
Web site tests and/or sample tests or facsimiles thereof
www.act.org/aap/taking/calculator.html. (handwritten, photocopied, or keyed) may be
Contestants who violate this rule will be taken into the testing area. Violation of this
disqualified. rule will result in disqualification.
Ruler
Published and/or unpublished written reference
materials
Competencies:
Demonstrate knowledge of the terminology, Apply specialized accounting procedures
principles, concepts, and practices of the using a manual system
accounting cycle
Demonstrate knowledge of advanced
principles and procedures used to solve
business problems and make financial
decisions
The contestant may demonstrate knowledge and skills in the following:
Analyze cash and accounts receivable Generate interim and end-of-period financial
transactions and record in appropriate journals statements including worksheets, income
Analyze investment transactions and record in statements, balance sheets, equity statements,
appropriate journals statement of cash flows, and schedules
Determine and record uncollectible accounts Analyze financial statements through ratio
receivable and other analysis procedures
Determine interest and maturity value of a Update accounts through adjusting and
promissory note closing entries
Calculate and record payables and receivables Implement procedures including revenue,
Calculate inventories using common methods costs, and income statements for departmental
Identify plant and intangible asset transactions accounting
and record in appropriate journals Process payroll data and prepare basic payroll
Distinguish between short- and long-term tax reports
liabilities Apply accounting concepts for a
Analyze current liability transactions and manufacturing and/or merchandising concern
record in appropriate journals Apply accounting concepts for partnerships
Record adjusting entries for accruals and and corporations
deferrals Demonstrate use of voucher systems
Analyze equity transactions for various forms Calculate and record dividend
of business ownership and record in
appropriate journals
19
Method of evaluation:
Objective-to be offered online; check Length of event:
conference website for dates for your 20 minutes of orientation/wrap-up
region—30 minutes 90 minutes of testing time
Application-to be offered at SLC—60
minutes Entries:
Each school is allowed two entries.
20
Computerized Accounting (03)
Description
Process accounting data using computerized accounting software. Students journalize, post to ledgers
and subsidiary ledgers, prepare financial statements and payroll records, and perform bank
reconciliations.
Eligibility
Any student may enter this event.
Contestant must supply Business Professionals of America assumes no
No. 2 pencils, pens responsibility for hardware/software
Cordless calculator: Electronic devices will be provided by the contestant.
monitored according to ACT standards. See No equipment, supplies, or materials other than
Web site those specified for an event will be allowed in
www.act.org/aap/taking/calculator.html. the testing area.
Contestants who violate this rule will be No previous Business Professionals of America
disqualified. tests and/or sample tests or facsimiles thereof
Ruler (handwritten, photocopied, or keyed) may be
HD, DS 3.5" disk with Chart of Accounts and taken into the testing area. Violation of this
account balances to be processed prior to the rule will result in disqualification.
event
Microcomputer, printer, and paper
Software as designated for this event
Published and/or unpublished written reference
materials
Competencies:
Demonstrate knowledge of the basic Demonstrate proficiency in the use of
terminology, principles, concepts, and accounting software to automate accounting
practices of the accounting cycle procedures and generate supporting
Demonstrate an understanding of the documents
fundamental accounting equation
The contestant may demonstrate knowledge and skills in the following:
Define accounting terms and concepts, and Journalize and post entries relating to bank
explain the purpose of the accounting system service charges
Analyze transactions affecting assets, Differentiate between forms of business
liabilities, and owner’s equity ownership
Analyze transactions affecting revenues, Differentiate between a service and a
expenses, and withdrawals merchandising business
Prepare a chart of accounts using proper Analyze transactions relating to the sale and
numerical sequencing purchase of merchandise
Record transactions in general and special Post from general and special journals to
journals general and subsidiary ledgers
Prepare a trial balance Prepare schedules for subsidiary ledgers
Calculate and record end of period Open and replenish a petty cash fund and
adjustments journalize transactions
Prepare financial statements Prepare a post-closing trial balance
Update accounts through adjusting and Process payroll data and prepare basic payroll
closing entries tax reports
Reconcile a bank statement
21
Method of evaluation:
Objective-to be offered online; check
Length of event:
conference website for dates for your
30 minutes of orientation/wrap-up
region—30 minutes
105 minutes of testing time
Application-to be offered at SLC—75
minutes
Entries:
Each school is allowed two entries.
22
COMPUTERIZED ACCOUNTING (03)
Chart of Accounts
Buckley DiscGolf, Inc.
You are employed by Buckley DiscGolf, Inc. and will be performing the electronic accounting for the
store. Buckley DiscGolf, Inc. is a merchandising business that sells disc golf related items. It is located
at 602 Village Drive, Midland, Michigan 48640-1234. You will be producing financial documents by the
Month/Year report method. All sales are subject to a 6.0% state sales tax. Some organizations are exempt
from paying sales tax, and you will be informed of those when they make a purchase. All sales (credit
and cash) are pre-tax. You (or your software) must add the tax to all transactions.
You start work on December 1, 2005. The records to this date are accurate and up-to-date. You will be
asked to record the transactions for December 2005. The trial balance, customer balances, and vendor
account balances are listed on the following pages.
NOTE: If your software does NOT require account numbers for vendors and customers do not include
the account numbers shown as part of the account name!
INSTRUCTIONS
1. Input the required computer information for your software on a disk.
2. Use Comp Acc-Regional, Comp Acc-State, or Comp Acc-National as your student name.
3. Once you get to the competition site, enter your contestant number as the problem name/number.
4. Set the accounting run date to December 31, 2005.
5. Build the Chart of Accounts and Vendor/Customer lists and save on your disk. The account
numbers needed for software integration and account classifications can be found in the Trial
Balance on the following pages. Be sure account classifications show all possible account
numbers for that category. No testing time is provided for building the Chart of Accounts or
Vendor/Customer lists.
6. Enter the general ledger account balances, customer account balances, and vendor account
balances. No testing time is provided for entering beginning balances.
7. Save your data and take your prepared disk to the contest site. You will be required to turn in
your disk with your test booklet.
8. For each level of competition, you must create a clean set of accounts.
When creating the Chart of Accounts, some names may be too long to fit in the required space left by
your software. Do not shorten any account name UNLESS it is too long to fit. For any account name that
may need to be shortened, use the following standard abbreviations:
Inventory Inven
Accumulated Accum
Depreciation Depr
Equipment Equip
Employee Empl
Income Inc
Payable Pay
Return Ret
Allowances Allow
Expense Exp
NOTE: No periods should be used with these abbreviations
23
COMPUTERIZED ACCOUNTING (03)
TRIAL BALANCE
REGIONAL, STATE, AND NATIONAL
101 Cash 27,568.52
102 Petty Cash 100.00
105 Accounts Receivable 7,895.62
110 Disc Inventory 25,250.00
120 Office Supplies 2,050.40
125 Prepaid Insurance 5,400.00
135 Land 75,000.00
140 Building 300,500.00
141 Accum. Depreciation—Building 126,496.68
150 Office Equipment 15,468.25
151 Accum. Depreciation—Office Equipment 6,489.15
201 Accounts Payable 49,845.20
203 Employee Income Tax Payable—City 0
204 Employee Income Tax Payable—State 0
205 Employee Income Tax Payable—Federal 4,075.56
208 Interest Payable 0
210 Social Security Tax Payable 6,958.25
215 Medicare Tax Payable 852.14
220 FUTA Payable 656.96
225 SUTA Payable 2,985.36
228 Salaries Payable 0
230 Sales Tax Payable 2,562.78
250 Mortgage Payable 25,489.17
255 Notes Payable 17,500.00
301 Common Stock, $10 par 100,000.00
320 Retained Earnings 135,698.23
322 Cash Dividends 0
324 Stock Dividends 0
330 Income Summary —
401 Sales 356,129.63
501 Purchases 269,156.20
502 Purchase Returns & Allowances 0
601 Advertising Expense 10,850.26
605 Salary Expense 56,260.50
610 Shipping Expense 2,896.45
615 Cleaning Expense 3,562.56
620 Depreciation Expense—Building 1,568.00
625 Miscellaneous Expense 2,569.32
630 Depreciation Expense—Office Equipment 1,142.30
635 Payroll Taxes Expense 8,956.23
640 Insurance Expense 2,659.22
645 Property Tax Expense 3,456.10
650 Supplies Expense 1,005.29
655 Utilities Expense 2,598.69
901 Income Tax Expense 9,825.20
835,739.11 835,739.11
24
COMPUTERIZED ACCOUNTING (03)
Buckley DiscGolf, Inc.
Vendor List
November 30, 2005
261 Discraft, Inc. 23,159.63
262 Innova 18,646.41
263 Staples 401.24
264 The TeePad 490.36
265 Flyin Colors 502.32
266 Millenium 2,824.75
267 Lightning 1,858.36
268 J-Bird Discs 305.63
269 Discology 600.35
270 SandBaggers 1,056.15
$ 49,845.20
Buckley DiscGolf, Inc.
Customer Balances
November 30, 2005
161 Josh Stryker 912.46
162 Brad Hanson 789.63
163 Scott Clews 802.35
164 Cody Bormuth 1,774.56
165 Jason Werner 1,548.26
166 Melissa Hunt 259.89
167 Corey Cunningham 150.63
168 Mandy Ufer 368.82
169 Jennifer Elliott 1,289.02
$ 7,895.62
Note: If required to do so by your software, supply customer/vendor addresses as needed. If your
software does NOT require account numbers for vendors and customers, do not include the
account numbers shown above as part of the account name.
25
Payroll Accounting (04)
Description
Process payroll data using manual payroll procedures. Students calculate gross earnings, complete
payroll register, post employee records, and prepare payroll income tax forms. NOTE: Circular E,
Employer’s Tax Guide (Publication 15), is recommended as a resource and available through
www.irs.ustreas.gov.
Eligibility
Any student may enter this event.
Contestant must supply No equipment, supplies, or materials other than
No. 2 pencils, pens those specified for an event will be allowed in
Cordless calculator: Electronic devices will be the testing area.
monitored according to ACT standards. See No previous Business Professionals of America
Web site tests and/or sample tests or facsimiles thereof
www.act.org/aap/taking/calculator.html. (handwritten, photocopied, or keyed) may be
Contestants who violate this rule will be taken into the testing area. Violation of this
disqualified. rule will result in disqualification.
Ruler
Published and/or unpublished written reference
materials
Competencies:
Demonstrate knowledge of the basic Apply technical and procedural skills required
terminology, principles, concepts, and in preparing and maintaining payroll records
practices of the accounting cycle using manual systems
Demonstrate advanced accounting principles
for payroll procedures
The contestant may demonstrate knowledge and skills in the following:
Complete new employee personnel forms Calculate employer’s payroll taxes as well as
Apply various methods used to determine other employee benefits paid by the employer
gross earnings Prepare state and federal payroll reports
Explain the purpose of withholdings and other Identify laws and regulations relating to
deductions payroll procedures
Calculate hourly, piece rate, salaried, Record in a journal and post transactions
commission, and salary/commission earnings associated with payroll activities
Create and maintain employee earnings Create and maintain employee earnings
records records
Calculate employee’s payroll taxes including Generate payroll checks
local, state, and federal income taxes, Social Prepare a payroll tax deposit
Security, Medicare, and other payroll Complete a payroll register
deductions to determine net pay
Method of evaluation: Length of event:
Objective-to be offered online; check 20 minutes of orientation/wrap-up
conference website for dates for your 90 minutes of testing time
region—30 minutes
Application-to be offered at SLC—60 Entries:
minutes Each school is allowed two entries.
26
Spreadsheet Applications & Analysis (05)
Description
Create, design, and test templates for spreadsheet applications that include variables, reports, and
formats. Students enter and format data, enter and copy formulas, and print full documents or cell
contents.
Eligibility
Any student may enter this event.
No equipment, supplies, or materials other than
Contestant must supply
those specified for an event will be allowed in
No. 2 pencils, pens
the testing area.
Cordless calculator: Electronic devices will be
No previous Business Professionals of America
monitored according to ACT standards. See
tests and/or sample tests or facsimiles thereof
Web site
(handwritten, photocopied, or keyed) may be
www.act.org/aap/taking/calculator.html.
taken into the testing area. Violation of this
Contestants who violate this rule will be
rule will result in disqualification.
disqualified.
Ruler
Published and/or unpublished written reference
materials
Competencies:
Apply computer skills to perform spreadsheet Analyze and verify reports generated from
functions spreadsheet software
Demonstrate proficiency in the use of
spreadsheet software
The contestant may demonstrate knowledge and skills in the following:
Create and format spreadsheets Create charts
Enter and edit data on spreadsheets Analyze data on charts
Analyze spreadsheet data
Equipment/supplies provided:
Microcomputer, printer, and paper
Software as designated for the event
Method of evaluation:
Objective-to be offered online; check Length of event:
conference website for dates for your 30 minutes of orientation/wrap-up
region—30 minutes 90 minutes of testing time
Application-to be offered at SLC—60
minutes Entries:
Each school is allowed two entries.
27
Banking & Finance (06)
Description
Demonstrate and apply fundamental knowledge of the banking industry. This entry-level event tests the
student’s knowledge of bank operations, bank services, loans, credit administration, and customer
service.
Eligibility
Any student may enter this event.
Contestant must supply No equipment, supplies, or materials other than
No. 2 pencils, pens those specified for an event will be allowed in
Cordless calculator: Electronic devices will be the testing area.
monitored according to ACT standards. See No previous Business Professionals of America
Web site tests and/or sample tests or facsimiles thereof
www.act.org/aap/taking/calculator.html. (handwritten, photocopied, or keyed) may be
Contestants who violate this rule will be taken into the testing area. Violation of this
disqualified. rule will result in disqualification.
Ruler
Published and/or unpublished written reference
materials
Competencies:
Demonstrate knowledge of the primary Demonstrate appropriate customer service
functions and services provided by banks and skills
financial institutions Demonstrate knowledge of the basic
Demonstrate an understanding of the impact terminology, concepts, and practices in
of technology on banking banking
The contestant may demonstrate knowledge and skills in the following:
Calculate problems using addition, Describe types of loans and practices related
subtraction, multiplication, division, to obtaining a loan
percentages, and decimals Calculate the interest amount on a loan
Identify the primary functions of banks and Explain credit and why it is used
other financial institutions Define interest and why it is charged
Distinguish between banks and other financial Describe the advantages and disadvantages of
institutions and the services provided by each different savings and investing plans
Identify basic rules and procedures for Explain factors that affect the rate of return on
handling cash and prove cash a given savings or investment plan
Identify and compare various types of Describe the FDIC and discuss government
investment instruments regulations in banking
Define practices related to the use of checks Identify procedures for prevention of bank
and other negotiable instruments fraud
Perform the steps in opening and using a Describe services offered as a result of
checking account banking technology
Reconcile a bank statement
Identify procedures for effectively assisting
customers
Method of evaluation: Length of event:
Objective-to be offered online; check 60 minutes of testing time
conference website for dates for your
region—30 minutes Entries:
Application-to be offered at SLC—30 Each school is allowed two entries
minutes
28
Economic Research Project–Individual (08)
Description
One economic research topic is selected by National Business Professionals of America and provided at
the beginning of the school year. The student will conduct research on the topic and present findings in a
research paper, an oral presentation, and respond to questions from a panel of judges.
Eligibility
Any student may enter this event. Each contestant may submit only one (1) research paper.
Contestant must supply No equipment, supplies, or materials other than
One envelope containing the materials required those specified for an event will be allowed in
for the interview, as listed in the specifications the testing area.
section. No previous Business Professionals of America
Notes or note cards for oral presentation tests and/or sample tests or facsimiles thereof
(optional) (handwritten, photocopied, or keyed) may be
taken into the testing area. Violation of this
rule will result in disqualification.
Competencies:
Demonstrate knowledge and understanding of Analyze and discuss changes in the global
basic economic concepts in exploring and economy and how they impact the U.S.
analyzing economic issues economy
Communicate research in a clear and concise
manner both orally and in writing
The contestant may demonstrate knowledge and skills in the following:
Explore basic economic concepts that affect Analyze basic economic problems
the workplace Evaluate and make decisions on economic
Identify economic systems issues based on research
Explain how economic growth can be Prepare a research paper using the report
promoted and measured format found in the style manual provided in
Conduct research using various resources and the Appendix
methods Discuss findings and respond to questions
Specifications:
Two (2) copies of the completed research No attachments, charts, tables, graphics, etc.
paper and two (2) copies of the entry form will be accepted.
must be submitted to the Oklahoma BPA 1500 Each research paper must reflect the
W. 7th Ave., Stillwater, OK 74074, postmarked contestant’s own research, writing, and
by January 31, 2005. No fax or e-mail copies original thinking.
will be accepted. The research paper and entry form must be
No changes can be made to the paper after the typed/word processed.
postmarked date. Each research paper must include a title page,
The research paper must follow the report not considered text, with the following
format found in the style manual provided in information: research paper title, author
the Style & Reference Manual with exception name, school name, school address, school
of the Sender, Recipient, and recipient title telephone number, total number of pages,
information. (This information is replaced by and name of advisor.
the title page.) Each paper must include works cited.
Length of document is limited to five (5) The title of the research paper, but NOT the
double-spaced, single-sided, numbered pages author’s name, must appear in the heading of
with one-inch margins. The title page and the first page of essay text.
works cited are not included in the five pages.
29
An additional two (2) copies of the completed Oral presentations will be limited to five (5)
research paper and two (2) copies of the entry minutes for presenting conclusions to the
form must be submitted at the time of the panel of judges and ten (10) minutes to
interview at the SLC. answer questions from the judges. Notes or
note cards may be used.
Topic
The European Union (EU) continues to expand in population, land size, and economic strength. The EU
took a large step toward becoming a global economic power when the euro came online as the central
currency of the Union on January 1, 2002. Currently, the US dollar is viewed as the international unit of
measurement. As membership in the EU expands, what effect will the euro have in the global
marketplace and on the US dollar? Research on this topic may include, but is not limited to the
following:
The history of the European Union
How the European Monetary Union was developed and its function
The establishment of the euro as the Union’s central currency
The role of the euro in the global economy
The effect the euro is having on the US dollar as the international unit of measurement
Contestants who do not submit an entry that follows this topic will be disqualified.
Method of evaluation: Length of event:
No more than five (5) minutes of oral
Prejudged event; top 12 will present at SLC
presentation
Application (judges’ rating sheets)
No more than ten (10) minutes of judges’
Panel of judges reviews each research paper,
questions
oral presentation, and response to judges’
Finals may be included at State level.
questions
Entries:
Each school is allowed two entries.
30
Economic Research Project–Individual (08)
Entry Form
Please key the information below.
Name Grade
School Name
School Address
City State ZIP
School Phone School Fax
Advisor Name
E-mail
Student Verification
I, the undersigned, attest that the research for this project was conducted solely by me, and that the work
resulting from my efforts is original.
Student signature Date
Advisor Verification
I have read the essay and verify that it reflects the above-named student’s original work.
Advisor signature Date
31
Economic Research Project–Individual (08)
Judges’ Scoring Rubric/Rating Sheet
Judge Number Contestant Number
Items to Evaluate Inadequate Satisfactory Competent Excellent Points
ESSAY 1-5 points 6-10 points 11-15 points 16-20 points Earned
Topic not Topic not clear Clear message Ideas well-organized
Comprehension identified Searching for General Demonstrates
Not focused ideas Functional understanding of
Random No clear Difficult to focus subject matter
thoughts purpose Shows some Easy to read
Difficult to read Hard to picture purpose All important points
Desperate for covered
ideas Free of content areas
Awareness of issue
Grasps overall issue
No logic Somewhat Mostly logical Argument follows
Organization No continuity logical Some structure logical progression
Gaps of Difficult to Some critical Easily understood
information understand connections Orderly presentation
Irregular pacing Structured to keep
reader interested
No argument Too broad Vague argument Logical argument
Conclusions Passive Lacking detail Weak evidence Evidence to support
Struggling Meaning Lacking in purpose Convincing
obscured Factual
findings/discoveries
Compelling summary
Inadequate Lacking in Weak resources Diverse resources,
Creativity resources resources Shows some including interviews
Bland General passion Creative angle on the
Rote response Acceptable Some originality issue
Colorless Obvious images Originality
Proficiency
Inventiveness
Need for editing Limited Readable Correct grammar,
Writing Misuse of words correctness Questionable spelling, punctuation
Imprecise Stumbling meaning Concise language
Disjointed Functional Sentence
structure/patterns
Expressiveness
TOTAL RESEARCH PAPER POINTS
Ideas not Lacks Main idea evident Ideas clearly organized
ORAL focused organization Introduction not Introduction gets
Undeveloped Introduction well developed attention
PRESENTATION introduction irrelevant Awkward Smooth transitions
/INTERVIEW Transitions Choppy transitions Satisfying conclusion
needed transitions Conclusion needs Language vivid and
Limited Abrupt development precise
conclusion conclusion Language choice Convincing
Ineffective Dull language limited
language choice choice Clear ideas
Ideas difficult to Random ideas expressed
follow expressed
TOTAL INTERVIEW POINTS
32
Economic Research Project – Individual (08)
Judges Scoring Rubric/Rating Sheet
Judge Number Contestant Number
SPECIFICATION POINTS: All points or none are awarded by the proctor per contestant, not per judge.
Correct presentation time 5
Typewritten/word processed research paper according to Style Reference Manual 10
Statement of entry form 5
Typewritten/word processed works cited page 5
Two (2) copies submitted 5
TOTAL SPECIFICATION POINTS
RESEARCH PAPER TOTALS: INTERVIEW TOTALS:
Judge #1 (100 points maximum) Judge #1 (20 points maximum)
Judge #2 (100 points maximum) Judge #2 (20 points maximum)
TOTAL RESEARCH PAPER
POINTS TOTAL INTERVIEW POINTS
(200 maximum points) (40 points maximum)
SPECIFICATION POINTS
(30 points maximum)
FINAL TOTAL
(Research Paper, Interview &
Specification)
RANK
33
Economic Research Project—Individual (08)
Judges’ Scoring Rubric/Rating Sheet
Judge Number Contestant Number ________
COMMENTS: (to be viewed by contestant)
REASON FOR DISQUALIFICATION (if applicable)
34
Economic Research Project–Team (09)
Description
One economic research topic is selected by National Business Professionals of America and provided at
the beginning of the school year. The team will conduct research on the topic and present findings in a
research paper, an oral presentation, and respond to questions from a panel of judges.
Eligibility
Any student may enter this team event. A team will consist of 2-4 members. Each team may submit only
one (1) research paper.
Team must supply No equipment, supplies, or materials other than
One envelope containing the materials required those specified for an event will be allowed in
for the interview, as listed in the specifications the testing area.
section. No previous Business Professionals of America
Notes or note cards for oral presentation tests and/or sample tests or facsimiles thereof
(optional) (handwritten, photocopied, or keyed) may be
taken into the testing area. Violation of this
rule will result in disqualification.
Competencies:
Demonstrate knowledge and understanding of Demonstrate teamwork skills needed to
basic economic concepts in exploring and function in a business setting
analyzing economic issues Analyze and discuss changes in the global
Communicate research in a clear and concise economy and how they impact the U.S.
manner both orally and in writing economy
The contestants may demonstrate knowledge and skills in the following:
Explore basic economic concepts that affect Evaluate and make decisions on economic
the workplace issues based on research
Identify economic systems Prepare a research paper using the report
Explain how economic growth can be format found in the Style & Reference Guide.
promoted and measured Discuss findings and respond to questions
Conduct research using various resources and
methods
Analyze basic economic problems
Specifications:
Two (2) copies of the completed research No attachments, charts, tables, graphics, etc.
paper and two (2) copies of the entry form will be accepted.
must be submitted to the Oklahoma BPA, 1500 Each research paper must reflect the
W. 7th Ave., Stillwater, OK 74074, postmarked research, writing, and original thinking of the
by January 31, 2005. No fax or e-mail copies team.
will be accepted. The research paper and entry form must be
No changes can be made to the paper after the typed/word processed.
postmarked date. Each research paper must include a title page,
The research paper must follow the report not considered text, with the following
format located in the Style & Reference information: research paper title, author
Manual with the exception of the Sender, name, school name, school address, school
Recipient, and Recipient title information. telephone number, total number of pages,
(This information is replaced by the title page.) and name of advisor.
Length of document is limited to five (5) Each paper must include works cited.
double-spaced, single-sided, numbered pages An additional two (2) copies of the
with one-inch margins. The title page and completed research paper and two (2) copies
works cited are not included in the five pages.
35
of the entry form must be submitted at the time
of the interview at the NLC.
Oral presentation will be limited to five (5)
minutes for presenting conclusions to the panel
of judges and ten (10) minutes to answer
questions from the judges. Notes or note cards
may be used.
Topic
With the release of recent medical data on the epidemic of obesity in America, many businesses are
concerned with the potential for huge increases in product liability claims as well as possible food
product legislation. Obesity can lead to health problems and prepackaged food companies are receiving
much of the blame. Some sources even see these companies as the next “tobacco industry.” Your team
will conduct research on the issues involved over this controversy and make recommendations to the
prepackaged food industry. The research may include, but is not limited to, the following factors:
What health issues are involved, and how do they impact healthcare costs for businesses?
What are some potentially dangerous food ingredients?
What is the possible economic impact on products, product advertising, and packaging?
What impact might making food healthier or safer have on sales?
Legal Factors
o Liability
o Health and safety
o Laws changing industry practice
o Who is ultimately responsible? Is the public a victim of marketing? Heredity? Neither?
What can prepackaged food companies learn from the tobacco industry?
What steps are companies currently taking to be proactive and are there global economic
implications, or is this issue merely a reflection of US culture and lifestyle?
Contestants who do not submit an entry that follows this topic will be disqualified.
Method of evaluation: Length of event:
No more than five (5) minutes of oral
Prejudged event; top 12 will present at SLC
presentation
Application (judges’ rating sheets)
No more than ten (10) minutes of judges’
Panel of judges reviews each research paper,
questions
oral presentation and response to judges’
Finals may be included at State level.
questions.
Entries:
Each school is allowed two entries.
36
Economic Research Project–Team (09)
Entry Form
Please key the information below.
Name Grade
Name Grade
Name Grade
Name Grade
School Name
School Address
City State ZIP
School Phone School Fax
Advisor Name
E-mail
Student Verification
We, the undersigned, attest that the research for this project was conducted solely by the team members and
that the work resulting from our efforts is original.
Student signature Date
Student signature Date
Student signature Date
Student signature Date
Advisor Verification
I have read the essay and verify that it reflects the above-named students’ original work.
Advisor signature Date
37
Economic Research Project–Team (09)
Judges’ Scoring Rubric/Rating Sheet
Judge Number Team Number
Items to Evaluate
Inadequate Satisfactory Competent Excellent Points
RESEARCH
1-5 points 6-10 points 11-15 points 16-20 points Earned
PAPER
Comprehension Topic not Topic not clear Clear message Ideas well organized
identified Searching for General Demonstrates
Not focused ideas Functional understanding of subject
Random No clear purpose Difficult to focus matter
thoughts Hard to picture Shows some Easy to read
Difficult to read purpose All important points
Desperate for covered
ideas Free of content areas
Awareness of issue
Grasps overall issue
Organization No logic Somewhat Mostly logical Argument follows logical
No continuity logical Some structure progression
Gaps of Difficult to Some critical Easily understood
information understand connections Orderly presentation
Irregular pacing Structured to keep reader
interested
Conclusions No argument Too broad Vague argument Logical argument
Passive Lacking detail Weak evidence Evidence to support
Struggling Meaning Lacking in Convincing
obscured purpose Factual findings/
discoveries
Compelling summary
Creativity Inadequate Lacking in Weak resources Diverse resources,
resources resources Shows some including interviews
Bland General passion Creative angle on the
Rote response Acceptable Some originality issue
Colorless Obvious images Originality
Proficiency
Inventiveness
Writing Need for editing Limited Readable Correct grammar,
Misuse of words correctness Questionable spelling, punctuation
Imprecise Stumbling meaning Concise language
Disjointed Functional Sentence structure/
patterns
Expressiveness
TOTAL RESEARCH PAPER POINTS
ORAL Ideas not Lacks Main idea Ideas clearly organized
focused organization evident Introduction gets
PRESENTATION/
Undeveloped Introduction Introduction not attention
INTERVIEW introduction irrelevant well developed Smooth transitions
Transitions Choppy Awkward Satisfying conclusion
needed transitions transitions Language vivid and
Limited Abrupt Conclusion precise
conclusion conclusion needs Convincing
Ineffective Dull language development
language choice choice Language choice
Ideas difficult to Random ideas limited
follow expressed Clear ideas
expressed
TOTAL INTERVIEW POINTS
38
Economic Research Project–Team (09)
Judges’ Scoring Rubric/Rating Sheet
Judge Number Team Number
SPECIFICATION POINTS: All points or none are awarded by the proctor per team, not per judge.
Correct presentation time 5
Typewritten/word processed research paper according to Style Reference Manual 10
Statement of entry form 5
Typewritten/word processed works cited page 5
Two (2) copies submitted 5
TOTAL SPECIFICATION POINTS
RESEARCH PAPER TOTALS: INTERVIEW TOTALS:
Judge #1 (100 points maximum) Judge #1 (20 points maximum)
Judge #2 (100 points maximum) Judge #2 (20 points maximum)
TOTAL RESEARCH PAPER
POINTS TOTAL INTERVIEW POINTS
(200 maximum points) (40 points maximum)
SPECIFICATION POINTS
(30 points maximum)
FINAL TOTAL
(Research Paper, Interview &
Specification)
RANK
39
Economic Research Project—Team (09)
Judges’ Scoring Rubric/Rating Sheet
Judge Number Team Numbers ________
REASON FOR DISQUALIFICATION (if applicable)
COMMENTS: (to be viewed by contestants)
40
Financial Math & Analysis–Open Event (10)
Description
Assess knowledge of basic math concepts. Students solve practical math problems related to work
and consumer issues.
Eligibility
Open Event: Any student registered to attend conference may enter this event.
Contestant must supply No equipment, supplies, or materials other than
No. 2 pencils, pens those specified for an event will be allowed in
Cordless calculator: Electronic devices will be the testing area.
monitored according to ACT standards. See Web No previous Business Professionals of America
site www.act.org/aap/taking/calculator.html. tests and/or sample tests or facsimiles thereof
Contestants who violate this rule will be (handwritten, photocopied, or keyed) may be
disqualified. taken into the testing area. Violation of this
rule will result in disqualification.
Competencies:
Demonstrate knowledge of fundamental math Apply mathematical reasoning skills to
concepts consumer and work-related problems
The contestant may demonstrate knowledge and skills in the following:
Solve addition, subtraction, multiplication, and Perform financial computations related to
division problems payroll, interest, and invoices
Convert whole numbers, fractions, ratios, or Identify and correct errors
percentages from one form to another
Calculate averages, simple ratios, and Solve practical consumer problems related to
proportions using whole numbers and decimals spending concepts, banking, taxes, investments,
and financial planning
Read simple graphs and charts to solve
problems
Method of evaluation: Entries:
Objective-to be offered online; check Unlimited
conference website for dates for your region
41
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