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Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques by Jon M. Quigley, Kim H. Pries

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CHAPTER 11 – Regaining Money with Cost Recovery
I. Rubric
Criteria Level 1 (50–59%) Level 2 (60–69%) Level 3 (70–79%) Level 4 (80–100%)
Analyze control
measures used in
business
Analyzes control
measures used in
business with lim-
ited understanding
Analyzes control
measures used in
business with some
understanding
Analyzes control
measures used
in business with
considerable under-
standing
Analyzes control
measures used in
business with thor-
ough understanding
Analyze the
nancialstatus
of a business by
reviewingnancial
statements
Analysis of the
nancial status
of a business by
reviewing nancial
statements provides
limited conclusions
Analysis of the
nancial status
of a business by
reviewing nancial
statements provides
some conclusions
Analysis of the
nancial status
of a business by
reviewing nancial
statements provides
good conclusions
Analysis of the
nancial status
of a business by
reviewing nancial
statements provides
thorough conclu-
sions
Analyze the
nancialstatus
of a company by
using comparative
information
Analysis of the
nancial status of a
company by using
comparative infor-
mation demonstrates
limited comprehen-
sion
Analysis of the
nancial status of a
company by using
comparative infor-
mation demonstrates
some comprehen-
sion
Analysis of the
nancial status
of a company by
using comparative
information demon-
strates considerable
comprehension
Analysis of the
nancial status of a
company by using
comparative infor-
mation demonstrates
thorough compre-
hension
Analyze the
nancialstatusof
a company using
ratios
Analysis of the
nancial status of
a company using
ratios demonstrates
limited comprehen-
sion
Analysis of the
nancial status of
a company using
ratios demonstrates
some comprehen-
sion
Analysis of the
nancial status of
a company using
ratios demonstrates
considerable com-
prehension
Analysis of the
nancial status of
a company using
ratios demonstrates
thorough compre-
hension
Analyze the
nancialstatusof
a company using
trend analysis
Analysis of the
nancial status of
a company using
trend analysis
demonstrates limited
comprehension
Analysis of the
nancial status of
a company using
trend analysis
demonstrates some
comprehension
Analysis of the
nancial status of a
company using trend
analysis demon-
strates considerable
comprehension
Analysis of the
nancial status of a
company using trend
analysis demon-
strates thorough
comprehension
Assess how
transactions affect
the accounts of
a merchandising
business
Assesses how
transactions affect
the accounts of a
merchandising busi-
ness with limited
accuracy
Assesses how
transactions affect
the accounts of
a merchandising
business with some
accuracy
Assesses how
transactions affect
the accounts of a
merchandising busi-
ness with consider-
able accuracy
Assesses how
transactions affect
the accounts of a
merchandising busi-
ness with excellent
accuracy
254 Reducing Process Costs with Lean, Six Sigma, and Value Engineering Techniques
Criteria Level 1 (50–59%) Level 2 (60–69%) Level 3 (70–79%) Level 4 (80–100%)
Assess methods
of accounting for
capital assets
Assessment of
methods of account-
ing for capital assets
demonstrates limited
understanding
Assessment of
methods of account-
ing for capital assets
demonstrates some
understanding
Assessment of
methods of ac-
counting for capital
assets demonstrates
considerable under-
standing
Assessment of
methods of account-
ing for capital assets
demonstrates thor-
ough understanding
Calculate necessary
ratios
Calculates necessary
ratios with limited
success
Calculates necessary
ratios with some
success
Calculates necessary
ratios with consider-
able success
Calculates necessary
ratios with a high
degree of success
Compare alterna-
tive forms of
nancing
Comparison of
alternative forms of
nancing demon-
strates limited use of
criteria
Comparison of
alternative forms of
nancing demon-
strates some use of
criteria
Comparison of
alternative forms of
nancing demon-
strates considerable
use of criteria
Comparison of
alternative forms of
nancing demon-
strates thorough use
of criteria
Demonstrate how
protsorlossesare
shared between
partners
Demonstrates how
prots or losses
are shared between
partners with limited
understanding
Demonstrates how
prots or losses
are shared between
partners with some
understanding
Demonstrates how
prots or losses are
shared between part-
ners with consider-
able understanding
Demonstrates how
prots or losses are
shared between part-
ners with thorough
understanding
Demonstrate
skills required to
interpretnancial
information
Demonstrates lim-
ited skills required
to interpret nancial
information
Demonstrates some
skills required to
interpret nancial
information
Demonstrates
considerable skills
required to interpret
nancial information
Demonstrates a
high degree of skills
required to interpret
nancial information
Demonstrate
understanding of
the regulatory and
ethical framework
Demonstrates lim-
ited understanding
of the regulatory and
ethical framework
Demonstrates some
understanding of the
regulatory and ethi-
cal framework
Demonstrates
considerable
understanding of
the regulatory and
ethical framework
Demonstrates a thor-
ough understanding
of the regulatory and
ethical framework
Demonstrate un-
derstanding of cost
recovery
Demonstrates lim-
ited understanding
of cost recovery
Demonstrates some
understanding of
cost recovery
Demonstrates
considerable un-
derstanding of cost
recovery
Demonstrates thor-
ough understanding
of cost recovery
Describe costing
procedures for
intangible assets
Description of
costing procedures
for intangible assets
demonstrates limited
knowledge
Description of
costing procedures
for intangible assets
demonstrates some
knowledge
Description of
costing procedures
for intangible assets
demonstrates con-
siderable knowledge
Description of
costing procedures
for intangible assets
demonstrates thor-
ough knowledge

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