Help me study for my Business class. I’m stuck and don’t understand.
APA 7 is required, and the professor does take off significant points off for any errors in this category or using older APA versions. Please review the grading rubric noted below.
Module 4: Portfolio Milestone
Submit Assignment
- Points 50
- Submitting a file upload
PORTFOLIO MILESTONE (50 POINTS)
OPTIONS #1
Submit a draft of Part 1 of the Portfolio Project assignment.
See the Portfolio Project assignment on the Week 8 Assignment page and the Portfolio Project rubric page for details.
Rubric
ACT470 Mod 4 PM
| Criteria | Ratings | Pts |
|---|---|---|
| This criterion is linked to a Learning OutcomeContent | 15.0 to >12.0 ptsMeets ExpectationDemonstrates strong or adequate knowledge of the materials; tax forms are filled out correctly with almost all fields containing correct values and formulas; work shown at the end of the template demonstrates correct process.12.0 to >9.0 ptsApproaches ExpectationSome significant but not major errors or omissions in demonstration of knowledge; tax form fields include significant but not large number of errors; work shown at the end demonstrates significant errors in process.9.0 to >6.0 ptsBelow ExpectationMajor errors or omissions in demonstration of knowledge; tax form fields include large number of errors; work shown at the end demonstrates major errors in process.6.0 to >0 ptsLimited EvidenceFails to demonstrate knowledge of the materials; preponderance of values in fields and work shown at the end fatally flawed. | 15.0 pts |
| This criterion is linked to a Learning OutcomeRequirements | 15.0 to >12.0 ptsMeets ExpectationIncludes all of the required components, as specified in the assignment, including cell formulas for calculated numbers12.0 to >9.0 ptsApproaches ExpectationIncludes most of the required components, including cell formulas for calculated numbers, as specified in the assignment.9.0 to >6.0 ptsBelow ExpectationIncludes some of the required components, including cell formulas for calculated numbers, as specified in the assignment.6.0 to >0 ptsLimited EvidenceIncludes few of the required components, including cell formulas for calculated numbers, as specified in the assignment. | 15.0 pts |
| This criterion is linked to a Learning OutcomeAnalysis and Interpretation / Problem Solving | 10.0 to >8.0 ptsMeets ExpectationWritten segment of assignment provides a strong critical analysis and interpretation of the information given.8.0 to >6.0 ptsApproaches ExpectationSome significant but not major errors or omissions in analysis and interpretation.6.0 to >4.0 ptsBelow ExpectationMajor errors or omissions in analysis and interpretation.4.0 to >0 ptsLimited EvidenceFails to provide critical analysis and interpretation of the information given. | 10.0 pts |
| This criterion is linked to a Learning OutcomeOrganization | 5.0 to >4.0 ptsMeets ExpectationProject is clearly organized, well written, and in proper essay format, including an introduction, body, and conclusion. Conforms to project requirements.4.0 to >3.0 ptsApproaches ExpectationSmall number of significant but not major flaws in organization and writing; is in proper essay format. In a minor way does not conform to project requirements.3.0 to >2.0 ptsBelow ExpectationMajor problems in organization and writing; does not completely follow proper essay format. In a significant way does not conform to project requirements.2.0 to >0 ptsLimited EvidenceProject is not well organized or well written and is not in proper essay format. Does not conform to project requirements. | 5.0 pts |
| This criterion is linked to a Learning OutcomeGrammar and Style | 5.0 to >4.0 ptsMeets ExpectationStrong sentence and paragraph structure; few or no minor errors in grammar and spelling; appropriate writing style; clear and concise with no unsupported comments.4.0 to >3.0 ptsApproaches ExpectationSmall number of significant but not major errors in grammar and spelling; generally appropriate writing.3.0 to >2.0 ptsBelow ExpectationInconsistent to inadequate sentence and paragraph development; work needed on grammar and spelling; does not meet program expectations.2.0 to >0 ptsLimited EvidencePoor quality; unacceptable in terms of grammar and/or spelling; inappropriate writing style that interferes with clarity. | 5.0 pts |
| Total Points: 50.0 |
Module 8: Portfolio Project
Submit Assignment
- Points 270
- Submitting a file upload
PORTFOLIO PROJECT (270 POINTS)
Important! Read First
Choose one of the following two Portfolio Projects to complete. Do not do both assignments. Identify your assignment choice in the title of your submission. Review the Portfolio Project grading rubric to understand how you’ll be graded on your project.
OPTION #1: ASSESSING AND PREPARING CONSOLIDATED FINANCIAL STATEMENTS
The first part is a scenario covering the topic of consolidated financial statements. The second part is the preparation of a consolidated financial statement. You will submit both parts separately.
Part 1: Scenario – Written
A new employee has been given responsibility for preparing the consolidated financial statements of Sample Company. After attempting to work alone for some time, the employee seeks assistance in gaining a better overall understanding of the way in which the consolidation process works. You have been asked to assist in explaining the consolidation process. The employee is asking you to respond to the following questions. Please provide full explanations and use examples to support your work.
- Why must the eliminating entries be entered in the consolidation worksheet each time consolidated statements are prepared?
- How is the beginning-of-period non-controlling interest balance determined?
- How is the end-of-period non-controlling interest balance determined? Provide an example.
- Which of the subsidiary’s account balances must always be eliminated? Why?
- Which of the parent company’s account balances must always be eliminated? Why?
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