Functional Money Use & Application Rubric

Skill 3 2 1 0
Assessment Phase 1
Money Value Recognizes value of all Recognizes value of all Does not recognize the Does not recognize
and Counting coins and correctly coins but does not value of some coins. the value of any coins
determines the value of determine the value of
group of coins. group of coins.
Physical Student correctly makes Student communicates the Student can not
Use of change from a $10 bill for correct amount of change determine how much
a purchase of less than needed, but can not change should be
Money $10. accurately create that made.
Making change.
Change
Student correctly makes Student communicates the Student can not
change from a $1 bill for correct amount of change determine how much
a purchase of less than needed, but can not change should be
$1 accurately create that made.
change.
 DOK Area Skill Yes/No

Assessment Phase 2
Adding Costs
(without carrying)

Adding Costs
Cash Application (with carrying)

Subtracting Costs
(without borrowing)

Subtracting Costs
(with borrowing)
Abstract Use of
Determine how much money is needed for a
Money transaction.

Making Change for a transaction. (checking if

you get the correct change)

Assessment Phase 3
Determining the “better buy”
Evaluation: Spending
Habits Understanding Sales and % Discount

Assessment Phase 4
Writing Checks
Managing: Saving Savings and Checking Accounts

Paychecks