Which FBLA competitive event tests knowledge of accounting principles?

The event that specifically tests knowledge of accounting principles is C, FBLA Accounting Principles. This competitive event is designed for students to demonstrate their understanding of fundamental accounting concepts, theory, and practices. Participants are typically assessed through a combination of written tests and practical applications that reflect real-world scenarios in accounting.

FBLA Accounting Principles covers areas such as the accounting cycle, financial statements, and ethics in accounting. The focus is solely on the core principles and concepts integral to the field of accounting, making it the most appropriate choice for evaluating students’ proficiency in this discipline. In contrast, the other options pertain to different subjects: marketing revolves around promotional strategies, personal finance addresses financial planning and management, and business ethics involves the examination of moral principles in business conduct. Each of these subjects has its unique focus, which distinguishes them from accounting principles.