Students are provided with a Monthly Expenses Worksheet to help them understand the basics of budgeting, income, and spending.

In this learning activity you'll establish your budget by determining your earnings, expenses, and goals.

Learners read about the purposes of balance sheets and income statements and then place accounts into these two financial statement categories in a drag-and-drop exercise.

In this accounting learning object, students follow the steps involved in the closing process. Temporary accounts contain ending balances for a specified period and must be closed.

Learners listen to an explanation of balance sheet basics for farm operations. They then determine how purchases should be listed in a farm record book and complete sample income and expense sheets.

Learners examine the costs of replacing an employee. Using a formula, students calculate these expenses in practice exercises.

Learners read how low defect levels can cut production costs. Six Sigma success means reduced inspection expenses, less rework, and fewer customer complaints.