Distinguished - Correctly recalculates the income statement based upon an inventory error.

Proficient - Calculates the income statement based upon an inventory error, but calculations contain minor errors.

Basic - Calculates the income statement based upon an inventory error, but calculations contain several errors.

Below Expectations - Attempts to calculate the income statement based upon an inventory error, but calculations contain significant errors.

Non-Performance - No attempt to calculate the income statement based upon an inventory error.

Distinguished - Correctly calculates ending inventory using three methods.

Proficient - Calculates ending inventory using three methods, but contained minor errors.

Basic - Calculates ending inventory using three methods, but calculations contained many errors.

Below Expectations - Attempts to calculate ending inventory using three methods, but calculations were mostly incorrect.

Non-Performance - No attempt to calculate ending inventory using three methods.

Distinguished - Correctly calculates depreciation using three methods.

Proficient - Calculates depreciation using three methods, but calculations contain minor errors.

Basic - Calculates ending inventory using three methods, but calculations contain several errors.

Below Expectations - Attempted to calculate depreciation using three methods, but calculations contain significant errors.

Non-Performance - No attempt to calculate depreciation using three methods.

Distinguished - Correctly calculates depreciation using three methods.

Proficient - Calculates depreciation using three methods, but calculations contain minor errors.

Basic - Calculates depreciation using three methods, but calculations contained several errors.

Below Expectations - Attempts to calculate depreciation using three methods, but calculations contain significant errors.

Non-Performance - No attempt to calculate depreciation using three methods.

Distinguished - Correctly calculates depreciation using three methods.

Proficient - Calculates depreciation using three methods, but calculations contain minor errors.

Basic - Calculates depreciation using three methods, but calculations contain several errors.

Below Expectations - Attempts to calculate depreciation using three methods, but calculations contain significant errors.

Non-Performance - No attempt to calculate depreciation using three methods.

Distinguished - All calculations are correct and adequately all inclusive. Calculations are presented clearly and succinctly.

Proficient - Calculations are mostly accurate and adequately comprehensive to solve the problem.

Basic - Calculations are somewhat accurate and/or represent only a limited number of the calculations required to solve the problem.

Below Expectations - Calculations were attempted but are incorrect and are not comprehensive.

Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.

Distinguished - Displays meticulous comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains no errors and is very easy to understand.

Proficient - Displays comprehension and organization of syntax and mechanics, such as spelling and grammar. Written work contains only a few minor errors and is mostly easy to understand.

Basic - Displays basic comprehension of syntax and mechanics, such as spelling and grammar. Written work contains a few errors which may slightly distract the reader.

Below Expectations - Fails to display basic comprehension of syntax or mechanics, such as spelling and grammar. Written work contains major errors which distract the reader.

Non-Performance - The assignment is either nonexistent or lacks the components described in the instructions.