What does the Applies to Terms option do when enabled on a Standard?

The Applies to Terms option associated with a Standard has two functions:

• Designates which Terms a Standard (that has a Mark Type) will receive a Mark. By default all terms are selected. De-selecting a Term check box will disallow data entry for that Term and the box on the report card will be greyed out. 
• Calculates the grades for a standard. 
  • For some report card designs districts do not want to display grades for certain lower level standards, but they do for higher level standards. In this case the lower level standards still need to have the Applies to Terms selected in order for the teachers to be able to use Load Grades from Gradebook to calculate the grade for the higher level standard.