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IG010 Project Performance Measurement
Short Answer Submission Form
Your Name: First and last
Your E-Mail Address: Your email here
Instructions
This Competency includes a Short-Answer Response Assessment. Write your response to each prompt below in the space provided. The Rubric,
which will be used by the Competency Assessor to evaluate your responses, is beneath the prompts. Carefully review the Rubric rows associated
with each prompt to provide a complete response.
When writing your response, begin typing where it reads “Enter Your Response Here.” Write as much as needed to satisfy the requirements of
the prompt (as defined in the Rubric). Be sure to support your responses with connections to professional sources.
Your Assessment responses require references (in APA style) to support your thinking. You will list your references at the end of this template
where “References” are noted. If you need additional information regarding how to correctly cite, and/or reference sources, please visit the
Walden Writing Center at http://academicguides.waldenu.edu/writingcenter/apa/citations
To learn more about effective paraphrasing strategies, visit the Walden Writing Center at
http://academicguides.waldenu.edu/writingcenter/evidence/paraphrase/effective
©2015 Walden University
1
Review the following example item and response for a sample that meets expectations.
Sample Prompt:
Choose a definition of organizational culture, and explain whether you agree or disagree with the definition. Use examples from your
own professional experience to support your response.
Response:
Whitehurst (2016) explained “organizational culture is defined by how people in an organization interact with each other” (para. 2).
While I agree that this is one aspect of organizational culture, the definition does not capture the complex factors that contribute to
organizational culture. When I started my first job after finishing my undergraduate degree in business, I worked for an organization
whose main headquarters were in Dubai. When I traveled to Dubai for the first time, I realized that the culture of the Dubai office was
largely influenced by the society’s culture in Dubai. I found that the organization lacked one cohesive culture and that, depending on
regional locations, each office had its own culture. International organizations often face many challenges in maintaining a cohesive
organizational culture (Watkins, 2013). I found this observation to be true in my experience. For example, the Dubai office seemed to
endow their employees with more allowance for self-direction when compared with our domestic offices. Although people’s
interactions with one another contributed to the organization’s culture, there were other factors like location, management style, and
societal norms that impacted a business culture as well.
References
Watkins, M. D. (2013, May 15). What is organizational culture? And why should we care. Harvard Business Review. Retrieved from
https://hbr.org/2013/05/what-is-organizational-culture
Whitehurst, J. (2016, October 13). Leaders can shape company culture through their behaviors. Harvard Business Review. Retrieved from
https://hbr.org/2016/10/leaders-can-shape-company-culture-through-their-behaviors
Note: References are included at the end of a Short-Answer Assessment but are included here as an example of an accurate APA
reference list.
©2015 Walden University
2
Prompt 1
Sunk Cost, Opportunity Cost, and Accounting Cost
Describe sunk cost, opportunity cost, and accounting cost, and give examples of each. What role does each play in decision-making? (3–4
paragraphs)
Your Response
Enter your response here.
Rubric
0
Not Present
1
Needs Improvement
2
Meets Expectations
3
Exceeds Expectations
Response demonstrates
the same level of
achievement as “2,” plus
the following:
Examples of sunk costs are
included.
Response demonstrates
the same level of
achievement as “2,” plus
the following:
Examples of opportunity
costs are included.
Response demonstrates
Sub-Competency 1: Describe sunk cost, opportunity cost, and accounting cost.
Learning Objective 1.1:
Describe sunk cost.
Description of sunk cost is
missing.
Description of sunk cost is
inaccurate or incomplete.
Description of sunk cost is
accurate.
Learning Objective 1.2:
Describe opportunity
cost.
Description of opportunity
cost is missing.
Description of opportunity
cost is inaccurate or
incomplete.
Description of opportunity
cost is accurate.
Learning Objective 1.3:
Description of accounting
Description of accounting
Description of accounting
©2015 Walden University
3
Describe accounting
cost.
Learning Objective 1.4:
Explain the role that
sunk cost, opportunity
cost, and accounting
cost play in decision
making.
0
Not Present
cost is missing.
1
Needs Improvement
cost is inaccurate or
incomplete.
2
Meets Expectations
cost is accurate.
Explanation for the role
that sunk cost, opportunity
cost, and accounting cost
play in decision making is
missing.
Explanation does not
accurately show how sunk
cost, opportunity cost,
and/or accounting cost
factor into decision
making.
Explanation accurately
shows how sunk cost,
opportunity cost, and
accounting cost factor into
decision making.
3
Exceeds Expectations
the same level of
achievement as “2,” plus
the following:
Examples of accounting
costs are included.
Response demonstrates
the same level of
achievement as “2,” plus
the following:
Response includes
examples of how each cost
is used to make decisions
in actual companies.
Prompt 2
The Impact of the Balanced Scorecard on Financial Performance
The balanced scorecard is a strategic-based performance management system. How does the balanced scorecard communicate strategy to an
organization? Identify and describe the four quadrants on the balanced scorecard. How are the four quadrants related? What is their impact on
financial performance? (2–3 paragraphs)
Your Response
Enter your response here.
Rubric
0
Not Present
1
Needs Improvement
2
Meets Expectations
3
Exceeds Expectations
Sub-Competency 2: Recognize the impact of the balanced scorecard (four quadrants) on financial performance.
Learning Objective 2.1:
©2015 Walden University
Explanation of how the
Explanation of how the
Explanation of how the
Response demonstrates
4
Explain how the
balanced scorecard
communicates strategy
to an organization.
Learning Objective 2.2:
Identify and describe
the four quadrants on
the balanced scorecard
and how the four
quadrants related.
©2015 Walden University
0
Not Present
balanced scorecard
communicates strategy to
an organization is missing.
1
Needs Improvement
balanced scorecard
communicates strategy to
an organization is
inaccurate.
2
Meets Expectations
balanced scorecard
communicates strategy to
an organization is
accurate.
Description of the four
quadrants on the balanced
scorecard and how the
four quadrants related are
missing.
Description of the four
quadrants of the balanced
scorecard and how they
are related is inaccurate.
Description of the four
quadrants of the balanced
scorecard and how they
are related is accurate.
3
Exceeds Expectations
the same level of
achievement as “2,” plus
the following:
One or more examples are
given of how the balanced
scorecard has been
implemented.
Response demonstrates
the same level of
achievement as “2,” plus
the following:
Examples of each quadrant
are included.
5
Prompt 3
Forecasting, Strategic Planning, and Budgeting
Explain the concepts of forecasting, strategic planning, and budgeting. Indicate how they are related and the key differences, if any, between
them. (3–4 paragraphs)
Your Response
Enter your response here.
Rubric
0
Not Present
1
Needs Improvement
2
Meets Expectations
3
Exceeds Expectations
Sub-Competency 3: Explain the difference between forecasting, strategic planning, and budgeting.
Learning Objective 3.1:
Explain the difference
between forecasting,
strategic planning, and
budgeting.
©2015 Walden University
Explanation of the
difference between
forecasting, strategic
planning, and budgeting is
missing.
Explanation of the
difference between
forecasting, strategic
planning, and budgeting is
inaccurate.
Explanation of the
difference between
forecasting, strategic
planning, and budgeting is
accurate.
Response demonstrates
the same level of
achievement as “2,” plus
the following:
Examples of forecasting,
strategic planning, and
budgeting are given.
6
Prompt 4
The Triple Bottom Line
Define the triple bottom line and give examples of each of the “three Ps.” (2–3 paragraphs)
Your Response
Enter your response here.
Rubric
0
Not Present
1
Needs Improvement
2
Meets Expectations
3
Exceeds Expectations
Definition of the triple
bottom line is accurate.
Response demonstrates
the same level of
achievement as “2,” plus
the following:
Sub-Competency 4: Define the triple bottom line.
Learning Objective 4.1:
Define the triple
bottom line.
Description of the triple
bottom line is missing.
Definition of The triple
bottom line is inaccurate.
Examples of each of the
bottom lines are given.
©2015 Walden University
7
Prompt 5
Unethical Accounting Practices and Their Impact
Read the following articles:


The Anatomy of Corporate Fraud: A Comparative Analysis of High Profile American and European Corporate Scandals (Soltani)
Managerial Fraud and Corporate Governance in American Corporations (Mukweyi)
Respond to the following questions (1 paragraph per question):
o What is fraud and why do employees commit fraud?
o What are the causes of corporate financial scandals?
o What is corporate governance?
o What is managerial or executive fraud and why do executives commit fraud?
o What kinds of things should owners and directors do to protect all stakeholders?
Your Response
Enter your response here.
Rubric
0
Not Present
1
Needs Improvement
2
Meets Expectations
3
Exceeds Expectations
Sub-Competency 5: Identify unethical accounting practices and their impact on stakeholders and organizations.
Learning Objective 5.1:
Identify unethical
accounting practices.
Identification of unethical
accounting practices is
missing.
Identification of the
unethical accounting
practices is inaccurate or
incomplete.
Identification accurately
lists unethical accounting
practices.
Learning Objective 5.2:
Causes of corporate
The causes of corporate
The causes of corporate
©2015 Walden University
Response demonstrates
the same level of
achievement as “2,” plus
the following:
Examples are given
involving high-profile
cases.
Response demonstrates
8
0
Not Present
financial scandals are
missing.
1
Needs Improvement
financial scandals are
inaccurate or incomplete.
2
Meets Expectations
financial scandals are
accurately given.
Learning Objective 5.3:
Explain corporate
governance.
Explanation of corporate
governance is missing.
Explanation inaccurately
defines corporate
governance.
Explanation accurately
defines corporate
governance.
Learning Objective 5.4:
Explain managerial or
executive fraud and
the reasons why
executives commit
fraud.
Explanation of managerial
or executive fraud and the
reasons why executives
commit fraud is missing.
Explanation inaccurately
defines managerial or
executive fraud and/or
gives inaccurate reasons
why executives commit
fraud.
Explanation accurately
defines managerial or
executive fraud and gives
reasons why executives
commit fraud.
Learning Objective 5.5:
Describe the impact on
stakeholders and
organizations of
unethical accounting
practices.
Description of the impact
on stakeholders and
organizations from
unethical accounting
practices is missing.
Description does not
accurately list the impacts
on stakeholders and
organizations from
unethical accounting
practices.
Description accurately lists
the impacts on
stakeholders and
organizations from
unethical accounting
practices.
Identify the causes of
corporate financial
scandals.
©2015 Walden University
3
Exceeds Expectations
the same level of
achievement as “2,” plus
the following:
Response refers to specific
instances mentioned in the
article to support
assertions.
Response demonstrates
the same level of
achievement as “2,” plus
the following:
Response includes
examples of a company’s
corporate governance
policies.
Response demonstrates
the same level of
achievement as “2,” plus
the following:
Response includes
examples of high-profile
cases of managerial or
executive fraud.
Response demonstrates
the same level of
achievement as “2,” plus
the following:
Response includes
examples of unethical
accounting practices from
high-profile cases and the
impacts these practices
9
0
Not Present
©2015 Walden University
1
Needs Improvement
2
Meets Expectations
3
Exceeds Expectations
have had on the
stakeholders and the
organization.
10
References
©2015 Walden University
11
Overview
For this Short-Answer Assessment you will answer a series of short answer
items to demonstrate your ability to explain accounting concepts and practices
and their effects on various stakeholders.
Instructions
Before submitting your Assessment, carefully review the rubric. This is the
same rubric the assessor will use to evaluate your submission and it provides
detailed criteria describing how to achieve or master the Competency. Many
students find that understanding the requirements of the Assessment and the
rubric criteria help them direct their focus and use their time most productively.
To complete this Assessment:




Download the IG010 Short Answer Submission Form, which includes the
Rubric for this Assessment. Complete the form adhering to the criteria
presented in the Rubric.
Download the Academic Writing Checklist to use as a guide when
completing your Assessment. Responses that do not meet the
expectations of scholarly writing will be returned without scoring. Properly
formatted APA citations and references must be provided where
appropriate.
Access The Anatomy of Corporate Fraud
Access Managerial Fraud
This Assessment requires submission of one (1) document, a completed
Short Answer Submission Form. Save this file as IG010
_firstinitial_lastname (for example, IG010 _J_Smith).
When you are ready to upload your completed Assessment, use
the Assessment tab on the top navigation menu.

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