Grading Rubric (note you can also get a zero) 1 Less than 2 ethical issues/concerns are identified but not described Little effort was made to clearly explain the effect of inventory understatement and accounting terminology was either not used or used incorrectly. Points 4 Question 1. 3 Two or more ethical 2 Two or more ethical Explanation of the Less than 2 ethical Issues/concerns are issue to be issues/concerns are issues/concerns are identified, stated considered Identified, but NOT stated identified, these are clearly and described critically clearly and described completely so that the NOT stated clearly reader understands and described the implications Question 2. The reader clearly Explain how The reader follows the follows the The explanation explanation, but it is not understating provided includes explanation and clear. Accounting inventory will only an example accounting terms are result in lower terminology is somewhat that is not used and used lacking or terms are used taxes correctly. If an explained. The incorrectly. If an example explanation does example is included, it is included, it is explained not demonstrate a is explained well but the explanation is complete somewhat lacking understanding or is difficult to follow. Question 3. The reader clearly The reader follows the The explanation Explain how follows the explanation, but it is not provided includes continuing to explanation and clear. Accounting only an example understate accounting terms are terminology is somewhat that is not inventory by the used and used lacking or terms are used explained. The same amount in correctly. If an incorrectly. If an example explanation does future years will example is included, it is included, it is explained not demonstrate a result in correct is explained well. but the explanation is complete taxable income for somewhat lacking understanding or is those future years. difficult to follow Question 4: Two or courses of Two or more courses of Less than 2 courses What courses of action are identified, action are identified, but of action are actions are open to stated clearly and NOT stated clearly and identified, these are described completely described Ida Jones? NOT stated clearly so that the reader and described understands the implications of the option. A recommendation is A recommendation is Question 5: A recommendation made based upon a made based upon a Which course of is made but not logical analysis of the logical analysis of the action would you really based upon a reasons. The student's logical analysis of recommend to ida student's opinion opinion seems somewhat the reasons and why? seems informed and informed but is lacking in based upon logical some logical evidence. evidence. Little effort was made to clearly explain the effect of inventory understatement and accounting terminology was either not used or used incorrectly Less than 2 courses of action are identified but not described A recommendation is made but there is no explanation as to why it was made. reasons. The Grading Rubric (note you can also get a zero) 1 Less than 2 ethical issues/concerns are identified but not described Little effort was made to clearly explain the effect of inventory understatement and accounting terminology was either not used or used incorrectly. Points 4 Question 1. 3 Two or more ethical 2 Two or more ethical Explanation of the Less than 2 ethical Issues/concerns are issue to be issues/concerns are issues/concerns are identified, stated considered Identified, but NOT stated identified, these are clearly and described critically clearly and described completely so that the NOT stated clearly reader understands and described the implications Question 2. The reader clearly Explain how The reader follows the follows the The explanation explanation, but it is not understating provided includes explanation and clear. Accounting inventory will only an example accounting terms are result in lower terminology is somewhat that is not used and used lacking or terms are used taxes correctly. If an explained. The incorrectly. If an example explanation does example is included, it is included, it is explained not demonstrate a is explained well but the explanation is complete somewhat lacking understanding or is difficult to follow. Question 3. The reader clearly The reader follows the The explanation Explain how follows the explanation, but it is not provided includes continuing to explanation and clear. Accounting only an example understate accounting terms are terminology is somewhat that is not inventory by the used and used lacking or terms are used explained. The same amount in correctly. If an incorrectly. If an example explanation does future years will example is included, it is included, it is explained not demonstrate a result in correct is explained well. but the explanation is complete taxable income for somewhat lacking understanding or is those future years. difficult to follow Question 4: Two or courses of Two or more courses of Less than 2 courses What courses of action are identified, action are identified, but of action are actions are open to stated clearly and NOT stated clearly and identified, these are described completely described Ida Jones? NOT stated clearly so that the reader and described understands the implications of the option. A recommendation is A recommendation is Question 5: A recommendation made based upon a made based upon a Which course of is made but not logical analysis of the logical analysis of the action would you really based upon a reasons. The student's logical analysis of recommend to ida student's opinion opinion seems somewhat the reasons and why? seems informed and informed but is lacking in based upon logical some logical evidence. evidence. Little effort was made to clearly explain the effect of inventory understatement and accounting terminology was either not used or used incorrectly Less than 2 courses of action are identified but not described A recommendation is made but there is no explanation as to why it was made. reasons. The