Distinguished - Thoroughly evaluates level of comfort with three important financial statements: the income and expense report, the balance sheet, and the statement of cash flows and suitably frames the evaluation from work environment and prior class knowledge.

Proficient - Evaluates level of comfort with three important financial statements: the income and expense report, the balance sheet, and the statement of cash flows and frames the evaluation from work environment and prior class knowledge. Minor details are missing.

Basic - Minimally evaluates level of comfort with three important financial statements: the income and expense report, the balance sheet, and the statement of cash flows and somewhat suitably frames the evaluation from work environment and prior class knowledge. Relevant details are missing.

Below Expectations - Attempts to evaluate level of comfort with three important financial statements: the income and expense report, the balance sheet, and, the statement of cash flows and frame the evaluation from work environment and prior class knowledge; however, significant details are missing.

Non-Performance - The evaluation of level of comfort with three important financial statements: the income and expense report, the balance sheet, and the statement of cash flows and frame of the evaluation from work environment and prior class knowledge are either nonexistent or lack the components described in the assignment instructions.

Distinguished - Thoroughly evaluates level of comfort with three important financial statements: the income and expense report, the balance sheet, and the statement of cash flows.

Proficient - Evaluates level of comfort with three important financial statements: the income and expense report, the balance sheet, and the statement of cash flows. The evaluation is slightly underdeveloped.

Basic - Minimally evaluates level of comfort with three important financial statements: the income and expense report, the balance sheet, and the statement of cash flows. The evaluation is underdeveloped.

Below Expectations - Attempts to evaluate level of comfort with three important financial statements: the income and expense report, the balance sheet, and the statement of cash flows and; however, the evaluation is significantly underdeveloped.

Non-Performance - The evaluation of the level of comfort with three important financial statements: the income and expense report, the balance sheet, and the statement of cash flows is either nonexistent or lacks the components described in the assignment instructions.

Distinguished - Comprehensively illustrates the relationship of the elements of all income and expense report entries offered as part of the simulation.

Proficient - Illustrates the relationship of the elements of all income and expense report entries offered as part of the simulation. Minor details are missing.

Basic - Minimally illustrates the relationship of the elements of all income and expense report entries offered as part of the simulation. Relevant details are missing.

Below Expectations - Attempts to illustrate the relationship of the elements of all income and expense report entries offered as part of the simulation; however, significant details are missing.

Non-Performance - The illustration of the relationship of the elements of all income and expense report entries offered as part of the simulation is either nonexistent or lacks the components described in the assignment instructions.

Distinguished - Comprehensively illustrates the steps needed to discuss a pro forma income and expense statement with a potential investor.

Proficient - Illustrates the steps needed to discuss a pro forma income and expense statement with a potential investor. Minor details are missing.

Basic - Minimally illustrates the steps needed to discuss a pro forma income and expense statement with a potential investor. Relevant details are missing.

Below Expectations - Attempts to illustrate the steps needed to discuss a pro forma income and expense statement with a potential investor; however, significant details are missing.

Non-Performance - The illustration of the steps needed to discuss a pro forma income and expense statement with a potential investor is either nonexistent or lacks the components described in the assignment instructions.

Distinguished - Thoroughly interprets the meaning of the balance sheet entries offered as part of the simulation.

Proficient - Interprets the meaning of the balance sheet entries offered as part of the simulation. Minor details are missing.

Basic - Vaguely interprets the meaning of the balance sheet entries offered as part of the simulation. Relevant details are missing.

Below Expectations - Attempts to interpret the meaning of the balance sheet entries offered as part of the simulation; however, significant details are missing.

Non-Performance - The interpretation of the meaning of the balance sheet entries offered as part of the simulation is either nonexistent or lacks the components described in the assignment instructions.

Distinguished - Clearly and accurately identifies the principles and steps needed to discuss a pro forma balance sheet with a potential investor.

Proficient - Identifies the principles and steps needed to discuss a pro forma balance sheet with a potential investor. Minor details are slightly unclear or inaccurate.

Basic - Vaguely identifies the principles and steps needed to discuss a pro forma balance sheet with a potential investor. Relevant details are unclear and/or inaccurate.

Below Expectations - Attempts to identify the principles and steps needed to discuss a pro forma balance sheet with a potential investor; however, significant details are unclear and inaccurate.

Non-Performance - The identification of the principles and steps needed to discuss a pro forma balance sheet with a potential investor is either nonexistent or lacks the components described in the assignment instructions.

Distinguished - Thoroughly describes the role of statement of cashflows entries offered as part of the simulation.

Proficient - Describes the role of statement of cashflows entries offered as part of the simulation. Minor details are missing.

Basic - Minimally describes the role of statement of cashflows entries offered as part of the simulation. Relevant details are missing.

Below Expectations - Attempts to describe the role of statement of cashflows entries offered as part of the simulation; however, significant details are missing.

Non-Performance - The description of the role of statement of cashflows entries offered as part of the simulation is either nonexistent or lacks the components described in the assignment instructions.

Distinguished - Thoroughly summarizes the principles and steps needed to discuss a pro forma statement of cashflows with a potential investor.

Proficient - Summarizes the principles and steps needed to discuss a pro forma statement of cashflows with a potential investor. Minor details are missing.

Basic - Partially summarizes the principles and steps needed to discuss a pro forma statement of cashflows with a potential investor. Relevant details are missing.

Below Expectations - Attempts to summarize the principles and steps needed to discuss a pro forma statement of cashflows with a potential investor; however, significant details are missing.

Non-Performance - The summary of the principles and steps needed to discuss a pro forma statement of cashflows with a potential investor is either nonexistent or lacks the components described in the assignment 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.

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 limited 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.

Distinguished - The length of the paper is equivalent to the required number of correctly formatted pages. 

Proficient - The length of the paper is nearly equivalent to the required number of correctly formatted pages. 

Basic - The length of the paper is equivalent to at least three quarters of the required number of correctly formatted pages.

Below Expectations - The length of the paper is equivalent to at least one half of the required number of correctly formatted pages.   

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

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 the 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 an 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.