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Major Course Assessment II
Major Course Assessment II
Personal Finance Simulation with checkbook reconciliation and advantages/disadvantages of credit
Rubric Code:
Q4C267
By
prlaf61
Draft
Public Rubric
Subject:
Business
Type:
Exam
Grade Levels:
(none)
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Desktop Mode
Mobile Mode
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.
Subjects:
Business
Types:
Exam
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