Which competition assesses students' skills in financial planning?

The correct choice focuses specifically on the assessment of students' skills in financial planning. The FBLA Personal Finance competition is designed to evaluate students' understanding of personal finance concepts, which encompass budgeting, saving, investing, and managing expenditures. This competition prepares students for real-world financial decision-making by teaching them how to create financial plans for their personal and future financial needs.

By contrast, the other options pertain to different areas of business education. FBLA Marketing emphasizes marketing strategies and principles, FBLA Accounting Principles is centered around accounting procedures and financial reporting, and FBLA Strategic Analysis deals with evaluating business strategies and developing plans for business growth. Each of these competitions tests skills related to their specific focus area but does not directly assess financial planning in the comprehensive manner that the Personal Finance competition does. Therefore, recognizing the distinct focus of FBLA Personal Finance is essential in understanding why it is the correct answer for assessing skills in financial planning.