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iRubric: Business Basics Budget rubric

iRubric: Business Basics Budget rubric

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Business Basics Budget 
Business Budget
Students are to use this rubric to create a budget for their business.
Rubric Code: B224AW4
By tjmiller
Ready to use
Public Rubric
Subject: Business  
Type: Assessment  
Grade Levels: Undergraduate

Powered by iRubric Business Budget
  Poor

1 pts

Average

2 pts

Good

3 pts

Excellent

4 pts

Content

Material well researched, appropriate and realistic.
Poor

missing many pieces of information about the financial resources to operate the business.
Average

missing a few pieces of information about financial resources to operate the business. Realistic categories.
Good

Most of the pieces of information about financial resources to operate the business are included in the budget and most realistic.
Excellent

All of the pieces of information about financial resources to operate the business are included in the budget and are realistic.
Organization & Presentation

Visually appealing, simple to read
Poor

Poor organization of categorical information. None of the information is in the correct area of the budget. Poor template choice. Poor use of color, fonts, and graphics. Poor formatting techniques. Poor template choice. Poor use of color, fonts, and graphics. Poor formatting techniques.
Average

Average organization of categorical information. Some information is not in the correct area of the budget. Average template choice. Average use of color, fonts, and graphics. Average formatting techniques.
Good

Good organization of categorical information. Most information is in the correct area of the budget. Good template choice. Good use of color, fonts, and graphics. Good formatting techniques.
Excellent

Excellent organization of categorical information. All information is in the correct area of the budget. Excellent template choice. Represents excellent use of color, fonts, and graphics. Excellent formatting techniques.
Accuracy & Caclulations

information researched and realistic to the organization and operations.
Poor

The Budget has many errors in the calculations.
Budgets do not tie to the related budget. Lack of major line items (revenues/expenses). Costs/revenues are too low or to high for the average organization/operations.
Average

The budget has some errors in calculation. There are noticeable gaps from one budget to another. Some of the major line items are represented. Costs/revenues are too low/high for the average organization/operations.
Good

Most of the budget is correctly calculated.
Most worksheets from one area of the budget tie to the next area of the budget. Most calculations are clear and easy to follow. Most major line items are represented. Costs/revenues are well researched for the average organization/operations
Excellent

All of the budget is correctly calculated.
All worksheets from one area of the budget tie to the next area of the budget. All calculations are clear and easy to follow. All major line items are represented. Costs/revenues are well researched for the average organization/operations
Numbers

Material well researched, appropriate and realistic.
Poor

Salary and benefit expenses are unrealistic.

Average costs associated with provided dollar amounts are unrealistic.

Formulas are incorrect.
Average

Salary and benefit expenses are slightly realistic.

Average costs associated with provided dollar amounts are realistic.

Formulas are correct.
Good

Salary and benefit expenses are mostly realistic.

Average costs associated with provided dollar amounts are realistic.

Formulas are correct.
Excellent

Salary and benefit expenses are realistic.

Average costs associated with provided dollar amounts are realistic.

Formulas are correct.



Keywords:
  • Balance Sheet

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