Accounting and Finance Foundations

Unit 3

Accounting and Finance Foundations Unit 3: The Role of Money 242

Evaluation Criteria

You must score a 3 or 4 on the scenario in order to pass this portion of the assessment.

Scoring Rubric

4

• Enters all transactional data into check register correctly with no mathematical errors


• Completes reconciliation form properly with no mathematical errors


• Thoroughly explains processes used to complete the check register and reconcile the account

3

• Enters most transactional data into check register correctly with few or no mathematical errors


• Completes reconciliation form properly with few mathematical errors


• Adequately explains processes used to complete the check register and reconcile the account

2

• Enters some transactional data into check register correctly with many mathematical errors


• Completes reconciliation form improperly but with few or no mathematical errors


• Provides limited explanation of processes used to complete the check register and reconcile
  the account

1

• Enters little or no transactional data into check register correctly with many mathematical errors


• Completes reconciliation form improperly with many mathematical errors


• Provides little or no explanation of processes used to complete the check register and reconcile
  the account

Open-Response Unit Assessment S/T Guide