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ACC100 Project Financial Accounting Principles BAT4M Evaluate the student's knowledge of the accounting cycle and the preparation of financial statements. Rubric Code: XX79223 By pagcaian Ready to use Public Rubric Subject: Accounting Type: Exam Grade Levels: Undergraduate

ACC100 Project
	Advanced 20 pts	Proficient 15 pts	Needs Improvement 10 pts	Poor 5 pts	No Submission 0 pts
Business Transactions	Advanced Shows an excellent understanding of business transactions. Can identify the appropriate supporting business documents. No errors.	Proficient Shows a good understanding of business transactions. Can identify the appropriate supporting business documents. Few errors.	Needs Improvement Shows little understanding of business transactions. Can identify a few appropriate supporting business documents. Many errors.	Poor Doesn't understand business transactions and can't identify the appropriate supporting business documents. Work is incomplete.	No Submission No project was submitted.
Journalizing Business Transactions	Advanced Shows a well developed understanding of the principles of journalizing accurately in the appropriate journal. Very few errors in journalizing points	Proficient Shows a good understanding of the principles of journalizing accurately in the appropriate journal. Few errors in journalizing	Needs Improvement Shows little to no understanding of the principles of journalizing accurately in the appropriate journal. Many errors in posting	Poor Transactions appear incomplete. Shows little to no understanding of the principles of journalizing accurately in the appropriate journal.	No Submission No project was submitted.
Posting to Ledgers	Advanced Shows a well developed understanding of the principles of posting and what ledgers to post to. Very few errors in posting	Proficient Shows a good understanding of the principles of posting and what ledgers to post to. Few errors in posting	Needs Improvement Shows little understanding of the principles of posting and doesn't understand what ledgers to post to. Many errors in posting	Poor Shows very little to no understanding of the principles of posting and doesn't know the difference between the different ledgers.	No Submission No project was submitted.
Financial Statements	Advanced Preparation of financial statements are correct, with no errors.	Proficient Preparation of financial statements are correct, with few minor errors.	Needs Improvement Preparation of financial statements, but contains many errors.	Poor Student does not demonstrate an understanding of how to prepare the financial statements. Work is incomplete.	No Submission No project was submitted.
Closing the Books	Advanced Closing the accounting books are 100% correct.	Proficient Closing the accounting books, with few minor errors.	Needs Improvement Closing the accounting books, with many errors.	Poor Student does not demonstrate an understanding of how the accounting books are closed. The closing of the accounting books is incomplete.	No Submission No project was submitted.

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