Needs Assessment, Theory Assessment, Implementation Assessment, Impact Assessment, and Efficiency

question 53

True/False

Needs assessment, theory assessment, implementation assessment, impact assessment, and efficiency assessment are all currently considered part of the field of evaluation.

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Definitions:

Present Value

The value today of a sum of money or future cash flows, taking into account a specific rate of return.

Future Cash Flow

The projected movement of money into and out of a business or investment over future periods.

Avoidable Costs

Expenses that can be eliminated if a particular decision is made or if a business operation is discontinued.

Future Costs

Costs that have not yet been incurred but are expected to be spent in the future for operational or investment purposes.