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iRubric: Accounting Simulation Rubric

iRubric: Accounting Simulation Rubric

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Accounting Simulation Rubric

  Derived from rubric: Accounting Simulation Rubric
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Rubric Code: B5AW4B
Rico Sanchez Simulation -- 1st Semester IA
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Keywords: (None)
Categories: Subjects: Accounting  
Types: Project  
Grade Levels:

Powered by iRubric Accounting Simulation
  Unsatisfactory
(N/A)
Partially Proficient
(N/A)
Proficient
(N/A)
Advanced
(N/A)
Journalizing Business Transactions
25 points
Unsatisfactory

Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.
(10 points)
Partially Proficient

Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.
(15 points)
Proficient

Shows a good understanding of the principles of journalizing accurately in the appropriate journal.
(20 points)
Advanced

Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal.
(25 points)
Posting
15 points
Unsatisfactory

Shows little to no understanding of the principles of posting.
(6 points)
Partially Proficient

Shows a basic understanding of the principles of posting.
(9 points)
Proficient

Shows a good understanding of the principles of posting.
(12 points)
Advanced

Shows a well developed understanding of the principles of posting.
(15 points)
Worksheet
10 points
Unsatisfactory

There is no worksheet.
(0 points)
Partially Proficient

The entire worksheet is not completed.
(6 points)
Proficient

The entire worksheet is correctly prepared, with no more than two major errors.
(8 points)
Advanced

The entire worksheet is correctly prepared with no major errors.
(10 points)
Financial Statements
15 points
Unsatisfactory

No financial statements are included.
(0 points)
Partially Proficient

Some of the Financial Statements are included. More than two errors on those presented.
(9 points)
Proficient

All of the Financial Statements are included with no more than two major errors on the complete set.
(12 points)
Advanced

All of the financial statements are presented with no major errors.
(15 points)
Adjusting/Closing Entries
10 points
Unsatisfactory

There are no adjusting and closing entries.
(0 points)
Partially Proficient

Only adjusting entries are completed.
(6 points)
Proficient

Adjusting and closing entries are completed with no more than two errors.
(8 points)
Advanced

Adjusting and closing entries are completed with no errors.
(10 points)
Post-Closing Trial Balance
5 points
Unsatisfactory

The post-closing trial balance has not been completed.
(o points)
Partially Proficient

The post-closing trial balance is complete, but does not balance correctly.
(2 points)
Proficient

The post-closing trial balance is correct, with no major errors.
(4 points)
Advanced

The post-closing trial balance is correct, with no errors.
(5 points)



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