iRubric: Income Statement Grading Rubric

edit print share Copy to my rubrics Bookmark test run assess... delete Do more...
Income Statement Grading Rubric Income Statement Grading Rubric This rubric evaluates the required elements of an income statement. Rubric Code: Z2X73CC By MichaelJones Ready to use Public Rubric Subject: Accounting Type: Assignment Grade Levels: 9-12, Undergraduate

Income Statement Grading Rubric
	Not Completed 8 pts	Completed but not Correct 18 pts	Correct 20 pts
The name of a business etc	Not Completed The name of the business and the month of the statement is missing in the heading.	Completed but not Correct Either the name of the business or the month of statement is incorrect missing.	Correct The name of the business is correct and placed on the first line of the Income Statement heading. The month is included correctly
Gross Profit	Not Completed The gross profit is not calculated or is incorrect.	Completed but not Correct N/A	Correct Gross Profit is accurately calculated/entered
Incomes and Expenses	Not Completed Most Incomes and Expenses are not considered	Completed but not Correct Few are not considered	Correct All items have been correctly considered
Net Profit	Not Completed Value is not computed or incorrectly derived	Completed but not Correct Value is incorrect due to missing items	Correct Value is correct
Enter Title	Not Completed	Completed but not Correct	Correct
Enter Title	Not Completed	Completed but not Correct	Correct