iRubric: Checkbook Project rubric

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Checkbook Project

students will work with checkbooks and bank statements to reconcile balances

Rubric Code: JX374B8

By stacyconley

Draft

Public Rubric

Subject: Finance

Type: Assessment

Grade Levels: (none)

Balancing a Checkbook
	Incomplete 0 pts	Beginning 16 problems or less work shown worth 10 pts. 10 pts	Proficient 22 - 17 problems shown 15 pts. 15 pts	Excellent All 23 problems shown worth 25 pts. 40 pts
Bank statement is used	Incomplete No bank statement work was done	Beginning 10 problems or less work shown 10 pts.	Proficient Most of the transactions are listed in the check book and 15 pts.	Excellent Steps 1-5 were accurately answered on the bank statement as was the outstanding check chart. The appropriate transactions were recorded in the check book that was listed on bank statement . 40 pts.
Reconcile checkbook	Incomplete No reconciliation was done	Beginning Students cannot reconcile checkbook with assistance worth . 10 pts.	Proficient Student needs personal assistance to reconcile checkbook with bank worth 15 pts	Excellent Students has used the correct bank balance and the correct amount of outstanding checks and deposits to checkbook balance reconciled with bank worth 25 Points
Data in check register	Incomplete Check register not filled out	Beginning 3 or less data properly entered and calculated in check register worth 10 pts.	Proficient 8 or more data properly entered and calculated in check register worth 15 pts	Excellent All data properly entered and calculated in check register including identifying outstanding/cleared checks and deposits worth 25 pts.