equipment usage but explanation is cursory or illogical 55 Does not explain the

Equipment usage but explanation is cursory or

This preview shows page 5 - 6 out of 6 pages.

equipment usage, but explanation is cursory or illogical (55%) Does not explain the implications of capital lease (0%) 3.12 Executive Summary: Post-retirement Plans [ACC-309-02] Meets proficient criteria and examples used to support ideas demonstrate a nuanced understanding of how post retirement plans will impact the company financially (100%) Explains how post-retirement plans will impact the company financially short and long-term, using examples from the balance sheet to support claims (85%) Explains how post retirement plans will impact the company financially, but examples provided are cursory or illogical (55%) Does not explain how post- retirement plans will impact the company (0%) 3.12 Executive Summary: Current Performance [ACC-309-02] Meets proficient criteria and evaluation and supporting information demonstrates a nuanced understanding of topics (100%) Evaluates the company’s current performance based on the outcomes of relevant ratio analysis (85%) Evaluates the company’ s current performance, but use of relevant ratio analysis to support evaluation is cursory, illogical or inaccurate (55%) Does not evaluate the company’s current performance (0%) 3.12
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6 Executive Summary: Retrospective and Prospective Approaches [ACC-309-02] Meets proficient criteria and discussion of changes encountered and retrospective and prospective approaches demonstrates a nuanced understanding of accounting approaches (100%) Discusses types of accounting changes encountered for informing when retrospective and prospective approaches should be used (85%) Discusses types of accounting changes encountered, but explanation of when retrospective and prospective approaches should be used is cursory, illogical or contains inaccuracies (55%) Does not discuss types of accounting changes encountered (0%) 3.12 Executive Summary: New Credit Policies [ACC-309-02] Meets proficient criteria and relevant ratio analysis used demonstrates a sophisticated awareness of impacts on credit policies, and change in product or markets (100%) Predicts the impact of new credit policies, change in product or markets based on relevant ratio analysis (85%) Predicts the impact of new credit policies, change in product or markets, but relevant ratio analysis used is illogical or contains inaccuracies (55%) Does not predict the impact of new credit policies or change in products or markets (0%) 3.12 Executive Summary: Accounting Standards [ACC-309-03] Meets proficient criteria and Discussion of relevant accounting standards demonstrates sophisticated awareness of how accounting standards apply to financial reporting (100%) Discusses relevant accounting standards for informing the company’s financial reporting strategies (85%) Discusses relevant accounting standards for informing the company’s financial reporting strategies, but application is cursory illogical or contains inaccuracies (55%) Does not discuss relevant accounting standards (0%) 10.56 Executive Summary: Four-Step Process [ACC-309-03] Meets proficient criteria and explanation of how the four step process was used demonstrates a nuanced understanding of the process (100%) Explains how the four step process was used for effectively correcting and reporting errors in the revision process (85%) Explains how the four-step process was used for correcting and reporting errors, but explanation is cursory, illogical or contains inaccuracies (55%) Does not explain how the four step process was used to correct and report errors (0%) 10.56 Articulation of Response Submission has no major errors related to, grammar, spelling, syntax, or organization (100%) Submission has few minor errors related to organization, grammar and style (85%) Submission has several errors related to, grammar, spelling, syntax, or organization (55%) Submission has major errors related to, grammar, spelling, syntax, or organization that negatively impact readability and articulation of main ideas (0%) 5.44 Total 100%
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