Below is the rubric which will be used to evaluate your work. Please ensure that your read an understand.
|#||Excellent||Very Good||Below Average||Poor||Score|
|1. Definition of Term||Term was accurately defined with appropriate examples. (4 Marks)||Term was accurately defined with one example. (4 marks)||Term was defined with no examples. (3marks)||Term was partially defined. (1 marks)||5 marks|
|2. List at least three (3) causes of depreciation.||Causes of depreciation listed was relevant. (5 marks)||causes of depreciation were listed. 4.5 marks||Two causes of depreciation was relevant. 4 marks||Causes of depreciation is not identified. 0 marks||5 marks|
|3. Define fixed assets and give four (4) examples||Definition of term is relevant as well as all the examples, 6 marks||Term define with 3 examples. 4 marks||Definition of term is inadequate. 2 marks||Lacks clarity. 1 mark||6 marks|
|4. Explain the methods to calculate depreciation and know their formulas||Methods accurately explained, Calculations are clear and there was substantial information descriptions on the methods. 9 marks||Explanation is clear and relevant 7marks||Calculations was lacking, 3 marks||Calculations was lacking and there is no explanation. 0 marks||9 marks|
Total Score: 25 marks