- Username
- Password
forgot?

iRubric: Case 2015-1 Question 1 rubric

edit print share Copy to my rubrics Bookmark test run assess... delete Do more...
Case 2015-1 Question 1 Rubric Code: WX399X6 By jfuehrme Ready to use Public Rubric Subject: Accounting Type: Assignment Grade Levels: Undergraduate

Enter rubric titleCase 2015-1 Descriptions Enter rubric description
	Does not Meet Expectations 4 pts	Meets Some Expectations 7 pts	Meets Expectations 10 pts
Enter title Appropriately identifies Sources of Revenue	Does not Meet Expectations Identifies few if any sources of revenue for DRI and AMW	Meets Some Expectations Identifies some of the sources of revenue for DRI and AMW	Meets Expectations Identifies most or all of the sources of revenue for DRI and AMW
Enter title For each Revenue Source identifies The specific revenue recognition Problems or Issues	Does not Meet Expectations Identifies revenue recognition issues beyond the obvious, stated accounting topics; does not go beyond the minimums specified in the case.	Meets Some Expectations Identifies some of the revenue recognition issues; recognizes one or two of the implied issues but does not identify the more subtle matters	Meets Expectations Identifies most or all of the revenue recognition issues; identifies those issues that are implied in the workings of the entities and not explicitly stated.
Enter title For each source of Revenue and Related Problem/Issue appropriately Identifies the applicable sections In the ASC	Does not Meet Expectations Identifies little of the applicable FASB literature; does not tie appropriate literature to identified issues; does not demonstrate an ability to work with the FASB Codification	Meets Some Expectations Identifies some of the literature applicable to the case; literature is appropriate but is not tied to specific issues to demonstrate an understanding of the GAAP to be applied to the case	Meets Expectations Identifies appropriate accounting literature for each of the revenue issues present in the case; references are complete and tied directly to the identified issue