PPA602.W4A1.03.2013

Description:


Total Possible Score: 8.00

Calculates the Inventory Value at the End of Year Assuming LIFO and FIFO

Total: 2.50

Distinguished - Accurately calculates the inventory value at the end of year assuming LIFO and FIFO. No errors are present.

Proficient - Accurately calculates the inventory value at the end of year assuming both LIFO and FIFO. Minor errors are present.

Basic - Accurately calculates the inventory value at the end of year assuming either LIFO or FIFO. Major errors are present.

Below Expectations - Attempts to calculate the inventory value at the end of year assuming either LIFO or FIFO; however, values are incorrect. Many major errors are present.

Non-Performance - The calculations for the inventory value at the end of year assuming LIFO and FIFO are either nonexistent or lack the components described in the assignment instructions.


Formats Calculations of FIFO and LIFO

Total: 1.00

Distinguished - Clearly formats the calculations of the FIFO and LIFO end of year inventory values. All four required formatting elements (labels, formulas, commas, and rounding) are present.

Proficient - Formats the calculations of the FIFO and LIFO end of year inventory values. All four required formatting elements (labels, formulas, commas, and rounding) are present. Some minor errors are present.

Basic - Formats the calculations of the FIFO and LIFO end of year inventory values with at least three of the four required formatting elements (labels, formulas, commas, and rounding). Some major errors are present.

Below Expectations - Formats the calculations of the FIFO and LIFO end of year inventory values with at least two of the four required formatting elements (labels, formulas, commas, and rounding). Many major errors are present.

Non-Performance - The formatting for the FIFO and LIFO end of year inventory values is either nonexistent or lacks the components described in the assignment instructions.


Explains the Advantages and Disadvantages of FIFO and LIFO, and Evaluates the Best Inventory Method

Total: 2.50

Distinguished - Comprehensively explains the advantages and disadvantages of FIFO and LIFO, and thoroughly evaluates which inventory method is best. The evaluation is fully supported by research.

Proficient - Sufficiently explains the advantages and disadvantages of FIFO and LIFO and evaluates which inventory method is best. The evaluation is missing minor details and/or is mostly supported by research.

Basic - Vaguely explains the advantages and disadvantages of FIFO and LIFO and minimally evaluates which inventory method is best. The evaluation is missing some relevant details, is unclear, and/or is not fully supported by research.

Below Expectations - Attempts to explain the advantages and disadvantages of FIFO and LIFO, and evaluate which inventory method is best; however, the evaluation is missing many relevant details, is unclear, and/or not supported by research.

Non-Performance - The explanation of the advantages and disadvantages of FIFO and LIFO and the evaluation of the best inventory method are either nonexistent or lacks the components described in the assignment instructions.


Critical Thinking: Conclusions and Related Outcomes (implications and consequences)

Total: 0.60

Distinguished - Conclusions and related outcomes are logical and clearly reflect student’s informed evaluation and ability to place evidence and perspectives discussed in priority order.

Proficient - Conclusions and related outcomes are logical and reflect student’s informed evaluation and ability to place evidence and perspectives discussed in priority order.

Basic - Conclusions and related outcomes are identified and minimally reflect student’s informed evaluation and ability to place evidence and perspectives discussed in priority order.

Below Expectations - Conclusions and related outcomes are not logical or reflective of student’s informed evaluation and ability to place evidence and perspectives discussed in priority order.

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


Written Communication: Context of and Purpose for Writing

Total: 0.60

Distinguished - Demonstrates methodical application of organization and presentation of content. The purpose of the writing is evident and easy to understand. Summaries, quotes, and/or paraphrases fit naturally into the sentences and paragraphs. Paper flows smoothly.

Proficient - Demonstrates sufficient application of organization and presentation of content. The purpose of the writing is, for the most part, clear and easy to understand. There are some problems with the blending of summaries, paraphrases, and quotes. Paper flows somewhat smoothly.

Basic - Demonstrates a limited understanding of organization and presentation of content in written work. The purpose of the writing is somewhat evident, but may not be integrated throughout the assignment. There are many problems with the blending of summaries, paraphrases, and quotes. Paper does not flow smoothly in all sections.

Below Expectations - Organization and presentation of content is extremely limited. The purpose of the writing is unclear. There is little or no blending of summaries, paraphrases, and quotes. Paper does not flow smoothly when read.

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


Written Communication: Control of Syntax and Mechanics

Total: 0.20

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.


APA Formatting

Total: 0.20

Distinguished - Accurately uses APA formatting consistently throughout the paper, title page, and reference page.

Proficient - Exhibits APA formatting throughout the paper. However, layout contains a few minor errors.

Basic - Exhibits basic knowledge of APA formatting throughout the paper. However, layout does not meet all APA requirements.

Below Expectations - Fails to exhibit basic knowledge of APA formatting. There are frequent errors, making the layout difficult to distinguish as APA.

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


Page Requirement

Total: 0.20

Distinguished - The paper meets the specific page requirement stipulated in the assignment description.

Proficient - The paper closely meets the page requirement stipulated in the assignment description.

Basic - The paper meets over half of the page requirement stipulated in the assignment description.

Below Expectations - A fraction of the page requirement is completed.

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


Resource Requirement

Total: 0.20

Distinguished - Uses more than the required number of scholarly sources, providing compelling evidence to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Proficient - Uses required number of scholarly sources to support ideas. All sources on the reference page are used and cited correctly within the body of the assignment.

Basic - Uses less than the required number of sources to support ideas. Some sources may not be scholarly. Most sources on the reference page are used within the body of the assignment. Citations may not be formatted correctly.

Below Expectations - Uses inadequate number of sources that provide little or no support for ideas. Sources used may not be scholarly. Most sources on the reference page are not used within the body of the assignment. Citations are not formatted correctly.

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