The Type of Assessment Given at the End of a Program

question 6

Multiple Choice

The type of assessment given at the end of a program or at the end of the year is a ___________ assessment.​

• A)cumulative
• B)summative
• C)formative
• D)collective

Recognize the factors of production and their significance in the economy.

Comprehend the concept of the production possibilities frontier and its implications.

Analyze efficient, feasible, and infeasible outcomes in the context of the production possibilities frontier.

Understand the concept of opportunity cost within the production possibilities frontier.

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Definitions:

Current Knowledge

The latest information, understanding, and insights available in a particular field or on a specific subject.

Compensation

Payment or benefits provided in exchange for services rendered or as reparation for loss or suffering.

Bonuses

Additional financial compensation awarded to employees as a reward for meeting certain performance criteria or milestones.

Flexible Benefit Packages

Employment benefit plans allowing employees to choose from a range of benefit options, tailoring their compensation package to their personal needs.