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Principles of Accounts 
Principles of Accounts
Form 5. POA P2 Mar 2017
Rubric Code: Z25X6W7
By smoquin
Ready to use
Public Rubric
Subject: Accounting  
Type: Assessment  
Grade Levels: 9-12

Powered by iRubric Principles of Accounts
Form 5
Mar 2017
  Excellent

(16-20 marks)

(N/A)

Proficient

(11-15 marks)

(N/A)

Novice

(5-10 marks)

(N/A)

Unsatisfactory

(<5 marks)

(N/A)

Question #1

Partnership Accounts
Excellent

Shows an excellent understanding of Partnerships and basic definitions
Proficient

Shows a good understanding of Partnerships and basic definitions
Novice

Shows a fair understanding of Partnerships and basic definitions
Unsatisfactory

Doesn't understand basic definitions and Partnership Accounts
Question # 2

Inventory and valuation methods
Excellent

Shows a well developed understanding of Inventory valuations and related calculations
Proficient

Shows a good understanding of Inventory Valuations and related calculations
Novice

Shows a fair understanding of Inventory valuations and related calculations
Unsatisfactory

Doesn't understand the Inventory and related concepts
Question # 3

The Income Statement and cash book
Excellent

Shows a well developed understanding of Financial Statements
Proficient

Shows a good understanding of Financial Statements
Novice

Shows a fair understanding of Financial Statements
Unsatisfactory

Doesn't understand Financial Statements and the cash book
Question # 4

Error correction and Depreciation principles
Excellent

Shows an excellent understanding of Error correction and Depreciation principles
Proficient

Shows a good understanding of Error correction and Depreciation principles
Novice

Shows a fair understanding of Error correction and Depreciation principles
Unsatisfactory

Doesn't understand Error correction and Depreciation principles
Question # 5

Manufacturing
Accounts
Excellent

Shows a well developed understanding of Manufacturing Accounts
Proficient

Shows a good understanding of Manufacturing Accounts
Novice

Shows a fair understanding of Manufacturing Accounts
Unsatisfactory

Doesn't understand Manufacturing Accounts




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