This resource helps students to understand gross and net pay, what affects net pay and how to know that net pay is accurate. It can also be used by teachers to deliver the Financial Capability Unit Standard 24697 ‘Perform income-related calculations for personal finances’ (Level 1, 2 Credits).
Mathematics and Statistics
Social Sciences
Level 1 Financial Capability Unit Standard
The last date for assessment for the old versions of the unit standards was 31 December 2022. You should now be using the new standards. Therefore, the existing versions of our resources are now obsolete. The new resources for this assessment is ready to download.
Resources and assessments for most of the other unit standards are available from Sorted in Schools.
Financial Capability is a core generic domain on the New Zealand Qualifications Framework. This unit of work also has links to the Social Sciences and Mathematics and Statistics learning areas.
For access to the assessment and marking guidelines for this Unit Standard please email us at: support@youngenterprise.org.nz