iRubric: Accounting Simulation Rubric Witness Fitness

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Accounting Simulation Rubric Witness Fitness

Using text, perform the following: 1. Evaluate the student's knowledge of payroll accounting 2. Demonstrate the use of documentation 3. Understand a complex accounting problem. 4. Prepare a payroll reigster and payroll journal entries

Rubric Code: T4CC4C

By matildad

Draft

Public Rubric

Subject: Accounting

Type: Project

Grade Levels: (none)

Payroll Project
	Advanced (N/A)	Proficient (N/A)	Partially Proficient (N/A)	Unsatisfactory (N/A)
Classification	Advanced Shows a well developed understanding of the classification of the elements of payroll such as hourly rates, overtime rates, employee liabilities and employer liabilities. (15 points)	Proficient Shows a good understanding of the classification of the elements of payroll such as hourly rates, overtime rates, employee liabilities and employer liabilities(10 points)	Partially Proficient Shows a basic understanding of the classification of the elements of payroll such as hourly rates, overtime rates, employee liabilities and employer liabilities(8 points)	Unsatisfactory Shows little to no understanding of the classification of the elements of payroll such as hourly rates, overtime rates, employee liabilities and employer liabilities (6 points)
Payroll Calculation	Advanced Shows a well developed understanding of calculating gross pay, deductions and net pay (35 points)	Proficient Shows a good understanding of calculating gross pay, deductions and net pay. (20 points)	Partially Proficient Shows a basic understanding of calculating gross pay, deductions and net pay. (15 points)	Unsatisfactory Shows little to no understanding ofcalculating gross pay, deductions and net pay . (10 points)
Payroll Register	Advanced The payroll register is completed with no errors. (35 points)	Proficient The payroll register is completed with 1 or 2 minor errors. (30 points)	Partially Proficient The payroll register is completed with 1 major error. (25 points)	Unsatisfactory The payroll register is completed with 2 or more major errors. (20 points)
Journalization	Advanced Journal entries for payroll, payroll taxes and payment of payroll are completed with no errors. (15 points)	Proficient Journal entries for payroll, payroll taxes and payment of payroll are completed with 1 or 2 minor erros. (10 points)	Partially Proficient Journal entries for payroll, payroll taxes and payment of payroll are completed with 1 major error. (8 points)	Unsatisfactory Journal entries for payroll, payroll taxes and payment of payroll are completed with 2 or more major errors. (6 points)

Subjects:

Accounting

Types:

Project

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