Consumer Stuff for kids (PDF, 6.2 MB) - Consumer Affairs Victoria

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Making Conclusions Ongoing Assessment and Notes to the Teacher
What have we found out about fundraising?
What do we know now?
After staging the fundraising event calculate:
w total expenditure
w total income
w profit
Students make comparisons between their budget
predictions and the actual final balance.
Ask students:
• "How could we have reduced expenses?"
• "How could we have generated more income?"
Undertake an evaluation of the fundraising
activity using a simple evaluation technique
such as EDI:
w What was Effective?
w What will we Do more of next time?
w What Improvements could be made?
Using a T Chart compare:
How was our fundraising activity the same and
different to running a real business?
Consider how the funds have made a difference
to the charity.
Students could identify:
Prepare a large graffiti wall with markers nearby
for groups to record responses.
Record student responses addressing how expenses
could have been reduced.
Record student responses addressing how income
could have been increased.
Compare the students' budget prepared
before the event with the actual final
balance produced after the event
Taking Action Ongoing Assessment and Notes to the Teacher
• recommendations on how to raise
money effectively.
How can we apply what we have learnt?
• Create a Guide to Fundraising At Our
School to be used by other classes.
Assess student understanding in
the Guide and judge the degree to
whichthey understand key concepts
such as minimising expenditure to
increase profit.
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