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iRubric: Adams 12 Accounting Exit Exam rubric

iRubric: Adams 12 Accounting Exit Exam rubric

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Adams 12 Accounting Exit Exam 
Adams 12 Accounting Exit Exam
Rubric Code: L2374W
By cliffm10
Ready to use
Public Rubric
Subject: Accounting  
Type: Project  
Grade Levels: (none)

Powered by iRubric Accounting
  Unsatisfactory

1 pts

Partially Proficient

2 pts

Proficient

3 pts

Advanced

4 pts

Accounting Process

Unsatisfactory

Incorrect journalizing (more than 4 errors). Shows little to no understanding of the journalizing process.
Partially Proficient

3-4 errors in journalizing. Shows a basic understanding of the journalizing process.
Proficient

1-2 errors in journalizing. Shows a good understanding of the journalizing process.
Advanced

No errors in journalizing. Shows a well developed understanding of the journalizing process. (May have 1-2 minor errors such as spelling or math)
Financial Statements

Unsatisfactory

Shows little to no understanding of the elements of the Financial Statements, how to interpret the information contained on the Financial Statements, or where in the accounting cycle each of the Financial Statements is prepared. (More than 4 errors)
Partially Proficient

Shows a basic understanding of the elements of the Financial Statements, how to interpret the information contained on the Financial Statements, or where in the accounting cycle each of the Financial Statements is prepared. (3-4 errors)
Proficient

Shows a good understanding of the elements of the Financial Statements, how to interpret the information contained on the Financial Statements, or where in the accounting cycle each of the Financial Statements is prepared. (1-2 errors)
Advanced

Shows a well developed understanding of the elements of the Financial Statements, how to interpret the information contained on the Financial Statements, or where in the accounting cycle each of the Financial Statements is prepared. (May have 1-2 minor errors such as spelling or math)
Accounting Cycle

Unsatisfactory

Shows little to no understanding of the accounting cycle. (More than 4 errors)
Partially Proficient

Shows a basic understanding of the accounting cycle. (3-4 errors)
Proficient

Shows a good understanding of the accounting cycle. (1-2 errors)
Advanced

Shows a well developed understanding of the accounting cycle. (May have 1-2 minor errors such as spelling or math)
Foundations

Unsatisfactory

Shows little to no understanding of accounting related terminology, GAAP, or understanding accounting's role and function in business practice to track money flow and to determine financial status. (More than 4 errors)
Partially Proficient

Shows a basic understanding of accounting related terminology, GAAP, or understanding accounting's role and function in business practice to track money flow and to determine financial status. (3-4 errors)
Proficient

Shows a good understanding of accounting related terminology, GAAP, or understanding accounting's role and function in business practice to track money flow and to determine financial status. (1-2 errors)
Advanced

Shows a well developed understanding of accounting related terminology, GAAP, or understanding accounting's role and function in business practice to track money flow and to determine financial status. (May have 1-2 minor errors such as spelling or math)




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