Assignment 3 : Financial Acct 2

Bank Reconciliation and Journal Entries Scoring Guide

Due Date: End of Unit 3. Percentage of Course Grade: 6%.

CRITERIA NON-PERFORMANCE BASIC PROFICIENT DISTINGUISHED

Generate a bank reconciliation. 30%

Does not generate a bank reconciliation.

Generates a partial bank reconciliation.

Generates a bank reconciliation.

Generates a bank reconciliation without errors.

Prepare adjusted entries. 30%

Does not prepare adjusted entries.

Partially prepares adjusted entries.

Prepares adjusted entries.

Prepares adjusted entries without errors.

Evaluate the implications of timely cash reconciliations, cash internal controls, and net book valuations on the financial statements. 30%

Does not identify the implications of timely cash reconciliations, cash internal controls, and net book valuations on the financial statements.

Identifies the implications of timely cash reconciliations, cash internal controls, and net book valuations on the financial statements.

Evaluates the implications of timely cash reconciliations, cash internal controls, and net book valuations on the financial statements.

Interprets the implications of timely cash reconciliations, cash internal controls, and net book valuations on the financial statements, and justifies interpretation.

Communicate in a manner that is professional and consistent with expectations for members of the business professions. 10%

Communicates in a manner that is not professional or consistent with expectations for members of the business professions.

Communicates in a manner that is inconsistent with expectations for members of the business professions.

Communicates in a manner that is professional and consistent with expectations for members of the business professions.

Communicates in a manner that is professional, scholarly, and consistent with expectations for members of the business professions, and adheres to APA guidelines, creating work appropriate for publication.

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