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iRubric: Major Course Assessment II rubric

iRubric: Major Course Assessment II rubric

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Major Course Assessment II 
Personal Finance Simulation with checkbook reconciliation and advantages/disadvantages of credit
Rubric Code: Q4C267
Draft
Public Rubric
Subject: Business  
Type: Exam  
Grade Levels: (none)

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  Exceeds Standard

25 pts

Meets Standard

20 pts

Nearly Meets Standard

15 pts

Below Standard

10 pts

Deficient

5 pts

Financial Record Book

Exceeds Standard

All records were recorded neatly and properly. All items were placed in correct budgeted categories. Balance and category totals were 100% accurate.
Meets Standard

1-2 records were placed improperly placed in correct budgeted categories. and/or balance was inaccurate once.
Nearly Meets Standard

3-4 records were recorded improperly in budgeted categories and/or balance was inaccurate twice.
Below Standard

5 items were placed improperly in budgeted categories.
Balance was inaccurate.
Deficient

6 or more items were placed improperly in budgeted categories. Balance was inaccurate.
Checkbook Register

Exceeds Standard

All records were recorded neatly and properly. Evidence is shown of checkbook reconciliation. Balance was 100% accurate.
Meets Standard

1 or 2 items were recorded improperly. Evidence is shown of checkbook reconciliation. Balance was 100% accurate.
Nearly Meets Standard

1 or 2 items were placed improperly in payment/deposit columns and/or balance was not accurate. Evidence is not shown of checkbook reconciliation.
Below Standard

3 or 4 records were recorded improperly in payment/deposit columns. Balance was inaccurate. Evidence is not shown of checkbook reconciliation.
Deficient

5 or more records were recorded improperly in payment/deposit columns. Balance was inaccurate. Evidence is not shown of checkbook reconciliation.
Checkbook Reconciliation

Exceeds Standard

All computations were 100% correct. Checkbook was balanced with bank statement.
Meets Standard

1 error is shown on reconciliation form.
Nearly Meets Standard

2 errors are shown on reconciliation form.
Below Standard

3 errors are shown on reconciliation form.
Deficient

4 errors are shown on reconciliation form.
Essay

Exceeds Standard

All 3 advantages and disadvantages were identified and explained. A complete recommendation was included.
Meets Standard

3 advantages and only 3 disadvantages were identified and explained. No valid recommendation was included.
Nearly Meets Standard

2 advantages and only 2 disadvantages were identified and explained. A complete recommendation was included.
Below Standard

Only 2 advantages and 2 disadvantages were identified and explained. No valid recommendation was included.
Deficient

Only 1 advantage and 1 disadvantages were identified and explained. No valid recommendation was included.




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