____________________ Is Intended to Provide Decision Makers with Information on What

question 10

Multiple Choice

____________________ is intended to provide decision makers with information on what to do with a program.

• A) process evaluation
• B) formative evaluation
• C) process evaluation.
• D) summative evaluation

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Definitions:

Flexible Budget

A report showing estimates of what revenues and costs should have been, given the actual level of activity for the period.

Static Planning Budget

is a budget based on a fixed level of activity and does not change with actual activity levels, useful for planning but less so for performance evaluation.

Unfavorable Activity Variance

This term describes a situation where actual costs exceed the standards or budgeted amounts, leading to a negative variance.

Static Planning Budget

A budget based on a fixed level of activity, without adjusting for any variations in actual performance, useful for initial planning.