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iRubric: ACCT 330 - QuickBooks Project rubric

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ACCT 330 - QuickBooks Project ACCT 330 - QuickBooks Project Using QuickBooks, perform the following: 1. Record initial start-up costs. 2. Record two complete months and a partial third month of business transactions, including purchases, sales, deposits, Accounts Receivable, Accounts Payable, payroll, and taxes. 3. Track inventory. 4. Reconcile bank accounts 5. Print financial statements and other reports. Rubric Code: X4559X By frogscout Ready to use Public Rubric Subject: Accounting Type: Project Grade Levels: (none)

Accounting
	Unsatisfactory 1 pts	Partially Proficient 2 pts	Proficient 3 pts	Advanced 4 pts
Financial Statements	Unsatisfactory Shows little to no understanding of the elements of the Financial Statements or how to interpret the information contained on the Financial Statements. (More than 4 errors)	Partially Proficient Shows a basic understanding of the elements of the Financial Statements or how to interpret the information contained on the Financial Statements. (3-4 errors)	Proficient Shows a good understanding of the elements of the Financial Statements or how to interpret the information contained on the Financial Statements. (1-2 errors)	Advanced Shows a well developed understanding of the elements of the Financial Statements or how to interpret the information contained on the Financial Statements. (May have 1-2 minor errors)
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)
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)