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"Basic financial skils
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The contest: The FLC will consist of a one-hour written test of 75 multiple choice questions. Answers will be recorded on scantron cards. The SAF will provide each participating secondary school with all the materials needed to administer the writing of the FLC within each school.
Participation: For the 2012 competition, the FLC will be delivered to Waterloo public and separate school boards.
Selection of contest writers: Open to Grade 9 and 10 secondary school students enrolled in or completed a business studies course. Selection of students will be the discretion of the business studies teacher.
Reward and recognition: Each participating school will receive a ranked listing of their individual student participants and an overall school ranking. The top scoring student from each school will be awarded and recognized through scholarships, physical and/or experiential prizes.