iRubric: Accounting II Review Rubric

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Accounting II Review Rubric

Using the text, perform the following: 1. Complete the assigned problem to the fullest of your ability. 2. If you run into an area that you do not know how to complete, make note of it and inform the teacher or seek assistance from a classmate. 3. It is important that you complete this assignment without copying someone elses work as it will serve as evaluation of where you need help. 4. This is a measurement of your understanding of a complex accounting problem.

Rubric Code: Q5X5BX

By jirizarry

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Public Rubric

Subject: Accounting

Type: Project

Grade Levels: (none)

Accounting Simulation
	Unsatisfactory 1 pts	Partially Proficient 2 pts	Proficient 3 pts	Advanced 4 pts
Journalizing Business Transactions	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	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)
Checkbook	Unsatisfactory Shows little to no understanding of maintaining an accurate checkbook balance and the practice of writing checks. (4 points)	Partially Proficient Shows a basic understanding of maintaining an accurate checkbook balance and the practice of writing checks. (6 points)	Proficient Shows a good understanding of maintaining an accurate checkbook balance and the practice of writing checks. (8 points)	Advanced Shows a well developed understanding of maintaining an accurate checkbook balance and the practice of writing checks. (10 points)
Filing	Unsatisfactory Few documents are completed. Documents are not filed properly. (1 points)	Partially Proficient Shows a basic understanding of documentation. Some documents are filed correctly. (2 points)	Proficient Shows a good understanding of document preparation. Most documents are filed correctly. (4 points)	Advanced Shows a well-developed understanding of documentation. Files all documents correctly. (5 points)
Worksheet	Unsatisfactory There is no worksheet. (0 points)	Partially Proficient The entire worksheet is not completed. (9 points)	Proficient The entire worksheet is correctly prepared, with no more than two major errors. (12 points)	Advanced The entire worksheet is correctly prepared with no major errors. (15 points)
Financial Statements	Unsatisfactory No financial statements are included. (0 points)	Partially Proficient Some of the Financial Statements are included. More than two errors on those presented. (6 points)	Proficient All of the Financial Statements are included with no more than two major errors on the complete set. (8 points)	Advanced All of the financial statements are presented with no major errors. (10 points)
Adjusting/Closing Entries	Unsatisfactory There are no adjusting and closign 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. (12 points)	Advanced Adjusting and closing entries are completed with no errors. (15 points)
Post-Closing Trial Balance	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)

Subjects:

Accounting

Types:

Project

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