Describe the two methods of accounting (cash and accrual) and the different accounting concepts (financial, tax, cost, nonprofit and auditing) used to report a business' financial position as it pertains to sole proprietorships, corporations, and partnerships.
Standard detail
B2.1
Performance Indicator
Depth 3Parent ID: F44A39EC951440978382DAC9A56D5F45Standard set: Business and Finance
Original statement
Quick facts
- Statement code
- B2.1
- List ID
- B2.1
- Standard ID
- 72B16CA0B9A14A4290716101619816EE
- ASN identifier
- S2539006
- Subject
- CTE (2013-)
- Grades
- 08, 09, 10, 11, 12
- Ancestor IDs
- F44A39EC951440978382DAC9A56D5F453264B7EA8E204D3D86722256BC3C51AC2D5187C102EA42D4AB377359B7FC4727
- Source document
- CTE Model Curriculum Standards: Business and Finance (2013)
- License
- CC BY 3.0 US