Preparing your students for FETCH!

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2 Preparing your students for FETCH! Thank you for registering your classroom to participate in The Ohio CPA Foundation s FETCH! program. Listed below are several things you can do in advance to prepare your students for the event. This teacher packet includes: Student vocabulary words Vocabulary quiz (used for the pre- and post-event assessment) Vocabulary quiz answer key Vocabulary quiz scoring sheet ASSESSING LEARNING OUTCOMES: Specific money management terminology will be used when a Certified Public Accountant (CPA) comes to your classroom to facilitate the FETCH! game with your students. To prepare for the program, please review the enclosed student vocabulary words with your class (but not before you administer the first quiz see below). A short vocabulary quiz for students to take both before and after playing FETCH! is included in this packet. This quiz will help assess students knowledge before participating in the program and reveal what students learned as a result of participating in FETCH!. The pre-and post-event quizzes are identical. Before reviewing the vocabulary words with the class, have students take the quiz. Do this one to two days before FETCH! is presented in your classroom. Although they may not understand all of the terminology, ask students to do their best in completing the quiz. Once the students finish, please collect and grade the tests. Record the results in the Pre-Event Assessment column on the Vocabulary Quiz Scoring Sheet. After students have taken the pre-event quiz, please review the vocabulary words and their meanings with the students. This will help prepare them to play FETCH!. On the day of the event after playing FETCH! with CPA volunteers, please give the students the quiz again as a post-event assessment. Once finished, collect the tests, tally the students scores and record the results in the Post-Event Assessment column on the Vocabulary Quiz Scoring Sheet. Once completed, please send the Vocabulary Quiz Scoring Sheet to The Ohio Society of CPAs via fax at , Attention: Mandy Hohler or [email protected]. Please submit the form by December 5.

3 ADDITIONAL CLASS PREPARATION TIPS: Before the volunteers arrive, please group your students into teams of four or five with a maximum of six groups. Consider grouping students with varied math skills as FETCH! will require teams to solve age-appropriate math problems. Addition and subtraction of double digit negative numbers will occur while playing FETCH!. Teaching a lesson or reviewing basic negative number math problems in advance of playing FETCH! will benefit your students. Reviewing percentages will also help prepare your students for FETCH!. Please plan to stay in the room while the CPA volunteers conduct FETCH!. They may need your help periodically throughout the program. Accounting Balance Budget Certified Public Accountant Cost Donation Earnings Expenses Student Vocabulary Words A way to keep track of money and possessions. The amount of money in an account determined by subtracting debits (money taken out) and adding credits (money that you receive). An estimate of the money you will earn, spend, and save over time. A plan for using money. An accountant who is specially trained and licensed to practice public accounting. The amount of money that must be paid to buy something also called the purchase price. A gift of money or something valuable to help a person or organization. The amount of money made or earned; salary. The amounts of money spent to buy things. Food, clothes, cars, rent, and cell phones are examples. Register A report that shows the money coming in and going out of an account. Risk The possibility of losing or gaining money or valuable things. Savings Account An account for depositing and withdrawing money that pays interest. Spend To pay money to get something. Ten Percent One tenth of a number, for example: 10 percent of 200 is expressed as.1 x 200 = 20 or 200/10=20). Withdraw To take money out of an account.

4 Vocabulary Quiz Directions: Test your knowledge of financial vocabulary! In the space provided, write the letter of the vocabulary word that matches the definition listed. This will help you play the game FETCH! and test your knowledge of financial vocabulary. 1.) The amount of money that must be paid to buy something also called the purchase price. a. Budget b. Donation c. Cost d. Accounting 2.) The amount of money in an account determined by subtracting debits (money taken out) and adding credits (money that you receive). a. Earning b. Balance c. Spend d. Certified Public Accountant 3.) The possibility of losing or gaining money or valuable things. a. Risk b. Register c. Donation d. Savings Account 4.) The amount of money made or earned; salary. a. Earning b. Cost c. Expenses d. Withdraw 5.) One tenth of a number, for example: 10 percent of 200 is expressed as.1 x 200 = 20 or 200/10=20). a. Spend b. Ten Percent c. Budget d. Register 6.) An estimate of the money you will earn, spend and save over time. A plan for using money. a. Savings Account b. Expenses c. Accounting d. Budget 7.) A gift of money or something valuable to help a person or organization. a. Balance b. Earning c. Donation d. Risk 8.) An account for depositing and withdrawing money that pays interest. a. Savings Account b. Budget c. Register d. Accounting 9.) To take money out of an account. a. Withdraw b. Spend c. Ten Percent d. Cost 10.) The amounts of money spent to buy things. Food, clothes, cars, rent and cell phones are examples. a. Risk b. Accounting c. Expenses d. Register 11.) An accountant who is specially trained and licensed to practice public accounting. a. Ten Percent b. Earning c. Budget d. Certified Public Accountant 12.) A report that shows the money coming in and going out of an account. a. Donation b. Register c. Cost d. Balance 13.) A way to keep track of money and possessions. a. Spend b. Accounting c. Risk d. Balance 14.) To pay money to get something. a. Budgeting b. Saving c. Expensing d. Spending

5 Vocabulary Quiz Teacher Answer Key Directions: Please grade the students quizzes and record their scores under the appropriate column on the Vocabulary Quiz Scoring Sheet. Once complete, send the form to The Ohio Society of CPAs via fax at , Attention: Jerad Wood or by November 27. C 1.) The amount of money that must be paid to buy something also called the purchase price. a. Budget b. Donation c. Cost d. Accounting B 2.) The amount of money in an account determined by subtracting debits (money taken out) and adding credits (money that you receive). a. Earning b. Balance c. Spend d. Certified Public Accountant A 3.) The possibility of losing or gaining money or valuable things. a. Risk b. Register c. Donation d. Savings Account A 4.) The amount of money made or earned; salary. a. Earning b. Cost c. Expenses d. Withdraw B 5.) One tenth of a number, for example: 10 percent of 200 is expressed as.1 x 200 = 20 or 200/10=20). a. Spend b. Ten Percent c. Budget d. Register D 6.) An estimate of the money you will earn, spend and save over time. A plan for using money. a. Savings Account b. Expenses c. Accounting d. Budget C 7.) A gift of money or something valuable to help a person or organization. a. Balance b. Earning c. Donation d. Risk A 8.) An account for depositing and withdrawing money that pays interest. a. Savings Account b. Budget c. Register d. Accounting A 9.) To take money out of an account. a. Withdraw b. Spend c. Ten Percent d. Cost C 10.) The amounts of money spent to buy things. Food, clothes, cars, rent and cell phones are examples. a. Risk b. Accounting c. Expenses d. Register D 11.) An accountant who is specially trained and licensed to practice public accounting. a. Ten Percent b. Earning c. Budget d. Certified Public Accountant B 12.) A report that shows the money coming in and going out of an account. a. Donation b. Register c. Cost d. Balance B 13.) A way to keep track of money and possessions. a. Spend b. Accounting c. Risk d. Balance D 14.) To pay money to get something. a. Budgeting b. Saving c. Expensing d. Spending

6 Vocabulary Quiz Scoring Sheet SCHOOL NAME TEACHER NAME GRADE LEVEL TOTAL # OF PARTICIPATING STUDENTS DIRECTIONS: The purpose of the FETCH! vocabulary quiz is to assess students knowledge before participating in the program and reveal what students learned as a result of playing FETCH!. This sheet is for recording the students vocabulary test scores from the pre- and post-event assessment. Before the FETCH! program, please administer the vocabulary pre-test. After grading the tests, please list the students scores under the column labeled Pre-Event Assessment. Tally the students scores and write the total number of students that received each score in the corresponding row. (For example, 14/14 7 students, 13/14, 2 students, etc.) After students play FETCH! with CPA volunteers, please give students the same vocabulary test once again. Collect and grade the tests and list students compiled test scores under the Post-Event Assessment column. Once completed, please send this document to The Ohio Society of CPAs via fax at , Attention: Mandy Hohler or [email protected]. Please submit this form by December 5. Student Score Pre-Event Assessment Post-Event Assessment 14/14 13/14 12/14 11/14 10/14 9/14 8/14 7/14 6/14 5/14 4/14 3/14 2/14 1/14 0/14