What Are the Three Overarching Purposes of Process or Formative

question 2

Multiple Choice

What are the three overarching purposes of process or formative evaluation?

• A)program description, program monitoring, quality assurance
• B)program description, program budgeting, client outcomes
• C)program accountability, program monitoring, quality assurance
• D)program outputs, program activities, program monitoring

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Definitions:

Cost Of Goods Sold

Costs that are directly related to the production of goods a company sells, encompassing expenses for labor and materials.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the cost of goods sold, highlighting the profitability of a company.

Sales

This refers to the revenue a company generates from selling goods or services in the normal course of its business.

Price-Earnings Ratio

A valuation metric that measures a company's current share price relative to its per-share earnings, indicating investor expectations.