Examlex
Have students develop a holistic and an analytic scoring rubric for one of the portfolio items they selected in activity #1.Students may complete this activity individually or in small groups.Collect the rubrics,review them,and provide the students with feedback about their scoring protocols.
Ending Inventory
The total value of all products, goods, and materials in stock at the end of an accounting period.
Interim Financial Statements
Financial reports covering a period of less than a full fiscal year, often quarterly.
Full Disclosure
A principle requiring that all material facts and information related to financial transactions be disclosed in financial statements.
Conservatism Principle
An accounting principle that advises reporting expenses and liabilities as soon as possible, but revenue only when it is ensured.
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