Distinguished - Correctly prepares a cash budget for each month of the fourth quarter and for the quarter in total.

Proficient - Prepares a cash budget for each month of the fourth quarter and for the quarter in total, but contains few errors.

Basic - Prepares a cash budget for each month of the fourth quarter and for the quarter in total, but contains several errors.

Below Expectations - Attempts to prepare a cash budget for each month of the fourth quarter and for the quarter in total, but contains many errors.

Non-Performance - Does not attempt to prepare a cash budget for each month of the fourth quarter and for the quarter in total.

Distinguished - Accurately and thoroughly comments on the impact the gross margin shrinkage will have on borrowings.

Proficient - Comments on the impact the gross margin shrinkage will have on borrowings, but minor details are missing or inaccurate.

Basic - Comments on the impact the gross margin shrinkage will have on borrowings, but relevant details are missing and/or inaccurate.

Below Expectations - Attempts to comment on the impact the gross margin shrinkage will have on borrowings, but significant details are missing and inaccurate.

Non-Performance - Does not attempt to comment on the impact the gross margin shrinkage will have on borrowings.

Distinguished - Comments on the Impact of Increasing Inventory Levels on Their Total Investment 

Proficient - Comments on the impact of increasing inventory levels on their total investment, but minor details are missing or inaccurate.

Basic - Accurately comments on the impact of increasing inventory levels on their total investment, but relevant details are missing and/or inaccurate.

Below Expectations - Attempts to comment on the impact of increasing inventory levels on their total investment, but significant details are missing and inaccurate.

Non-Performance - Does not attempt to comment on the impact of increasing inventory levels on their total investment.

Distinguished - Accurately and thoroughly comments on the impact on cash-flow if the cash discount is discontinued.

Proficient - Comments on the impact on cash-flow if the cash discount is discontinued, but minor details are missing or inaccurate.

Basic - Comments on the impact on cash-flow if the cash discount is discontinued, but relevant details are missing and/or inaccurate.

Below Expectations - Attempts to comment on the impact on cash-flow if the cash discount is discontinued, but significant details are missing and inaccurate.

Non-Performance - Does not attempt to comment on the impact on cash-flow if the cash discount is discontinued.

Distinguished - Clearly and comprehensively explains the issue to be considered, delivering all relevant information necessary for a full understanding.

Proficient - Clearly explains the issue to be considered, delivering enough relevant information for an adequate understanding.

Basic - Briefly explains the issue to be considered, delivering minimal information for a basic understanding.

Below Expectations - Briefly explains the issue to be considered, but may not deliver additional information necessary for a basic understanding.

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.