iRubric: Principles of Accounts rubric

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Principles of Accounts

POA Form 3 June 2017

Rubric Code: PX7CBAB

By shirazali_tt

Ready to use

Public Rubric

Subject: Accounting

Type: Assessment

Grade Levels: 6-8, 9-12, Undergraduate

Principles of Accounts Form 3 June 2017
	Excellent (N/A)	Proficient (N/A)	Novice (N/A)	Unsatisfactory (N/A)
Question # 1 Double entry system	Excellent Shows a well developed understanding of the Double entry system (31-40 marks)	Proficient Shows a good understanding of the Double entry system (21-30 marks)	Novice Shows a fair understanding of the Double entry system (11 - 20marks)	Unsatisfactory Shows very little understanding of the Double entry system (< 10marks)
Question # 2 Revenue and expenditure	Excellent Shows a well developed understanding of Revenues and expenditures (5 marks)	Proficient Shows a good understanding of Revenue and expenses (4 marks)	Novice Shows a fair understanding of revenues and expenses (3 marks)	Unsatisfactory Shows very little understanding of revenues and expenses (< 2 marks)
Question #3 Trial Balance, Income Statement	Excellent Excellent understanding of Trial Balance and Financial Statements	Proficient Good understanding of Trial Balance and Financial Statements	Novice Less than average grasp of trial balance and financial statements	Unsatisfactory Very weak understanding of core topic