The Evaluation Process Ideally Begins with ________

question 10

Multiple Choice

The evaluation process ideally begins with ________.

• A) developing outcome measures
• B) choosing an evaluation strategy
• C) developing measurable learning objectives
• D) conducting a needs analysis

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Definitions:

Time Value

is the concept that money available at the present time is worth more than the identical sum in the future due to its potential earning capacity.

Money

Money is a medium of exchange in the form of coins and banknotes; by which goods and services are valued and exchanged.

Present Value

The current financial value of money or cash flows that will be obtained in the future, factored by a particular rate of return.

Annuity

An economic device offering a steady series of disbursements to someone, commonly utilized as a financial support for retired individuals.