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iRubric: Checking Account Simulation rubric
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Checking Account Simulation
Checking Account Simulation
Rubric Code:
SX57A24
By
jrturner
Draft
Public Rubric
Subject:
Finance
Type:
Project
Grade Levels:
9-12
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Desktop Mode
Mobile Mode
Checkbook Simulation
Poor
1 pts
Fair
2 pts
Good
3 pts
Checks Written
Poor
Checks are incomplete or inaccurate.
Fair
Checks are completed and accurate, but numbers are hard to read or they contain misspelled words.
Good
Checks are completed and accurate, with legible numbers and correctly spelled words.
Deposits
Poor
Deposit slips are not competed or are inaccurate.
Fair
Deposit slips are fully and accurately completed but incorrect endorsement is used or slips are not endorsed.
Good
Deposit slips are fully and accurately completed. Correct endorsements are used.
Check Register
Poor
Check register contains inaccurate information or transaction amounts are not listed in the correct column.
Fair
Check register is completed with accurate debit and credit columns, but at least one element of essential information is missing.
Good
Check Register is is completed with essential information, including to whom the check was written, and debit and credit columns are completed accurately.
Balance
Poor
Running check register balance is not accurate.
Fair
Running check register balance is accurate but does not reflect the new balance after each transaction.
Good
Running check register balance is complete and accurate with a new balance listed after each transaction.
Processed Transactions
Poor
No transactions that have been processed through the bank have been marked on the check register.
Fair
Some transactions that have been processed by the bank have been marked on the check register.
Good
All transactions that have been processed through the bank have been marked on the check register.
Account Reconciliation
Poor
Account reconciliation form contains inaccurate information.
Fair
Account reconciliation form contains accurate numbers but has left fields empty.
Good
Account reconciliation form is complete fully and accurately.
Reconciled Balance
Poor
The balance that is reached by adding and subtracting outstanding transactions from the statement balance agrees with the last balance recorded in the check register.
Fair
Good
The balance that is reached by adding and subtracting outstanding transactions from the statement balance agrees with the last balance recorded in the check register.
Subjects:
Finance
Types:
Project
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