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iRubric: Accounting Simulation Rubric

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Accounting Simulation Rubric 
Using text, perform the following: 1. Evaluate the student's knowledge of accounting cyle 2. Demonstrate the use of documentation 3. Understand a complex accounting problem.
Rubric Code: Q7CAWA
Ready to use
Public Rubric
Subject: Accounting  
Type: Project  
Grade Levels: (none)

Powered by iRubric Accounting Simulation
  Failure

F Grade

(N/A)

Unsatisfactory

D Grade

(N/A)

Partially Proficient

C Grade

(N/A)

Proficient

B Grade

(N/A)

Advanced

A Grade

(N/A)

Purchase Journal

20 points

Failure

Shows poor understanding of the principles of recording and journalizing accurately in the appropriate journal (0) points
Unsatisfactory

Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.
(5 points)
Partially Proficient

Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.
(10 points)
Proficient

Shows a good understanding of the principles of journalizing accurately in the appropriate journal.
(15 points)
Advanced

Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal.
(20 points)
Cash Payments Journal

20 points

Failure

Shows poor understanding of the principles of recording and journalizing accurately in the appropriate journal (0) points
Unsatisfactory

Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.
(5 points)
Partially Proficient

Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.
(10 points)
Proficient

Shows a good understanding of the principles of journalizing accurately in the appropriate journal.
(15 points)
Advanced

Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal.
(20 points)
Sales Journal

20 points

Failure

Shows poor understanding of the principles of recording and journalizing accurately in the appropriate journal (0) points
Unsatisfactory

Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.
(5 points)
Partially Proficient

Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.
(10 points)
Proficient

Shows a good understanding of the principles of journalizing accurately in the appropriate journal.
(15 points)
Advanced

Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal.
(20 points)
Cash Receipts Journal

20 points

Failure

Shows poor understanding of the principles of recording and journalizing accurately in the appropriate journal (0) points
Unsatisfactory

Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.
(5 points)
Partially Proficient

Shows a basic understanding of the principles of journalizing accurately in the appropriate journal.
(10 points)
Proficient

Shows a good understanding of the principles of journalizing accurately in the appropriate journal.
(15 points)
Advanced

Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal.
(20 points)
Posting General Ledgers

10 points

Failure

Shows poor understanding of the principles of recording and journalizing accurately in the appropriate journal (0) points
Unsatisfactory

Shows little to no understanding of the principles of posting.
(4 points)
Partially Proficient

Shows a basic understanding of the principles of posting.
(6 points)
Proficient

Shows a good understanding of the principles of posting.
(8 points)
Advanced

Shows a well developed understanding of the principles of posting.
(10 points)
Posting Subsidiary Ledgers

10 points

Failure

Shows poor understanding of the principles of recording and journalizing accurately in the appropriate journal (0) points
Unsatisfactory

Shows little to no understanding of the principles of posting.
(4 points)
Partially Proficient

Shows a basic understanding of the principles of posting.
(6 points)
Proficient

Shows a good understanding of the principles of posting.
(8 points)
Advanced

Shows a well developed understanding of the principles of posting.
(10 points)




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