______ Is a Type of Evaluation Which Assesses How and Why

question 5

Multiple Choice

______ is a type of evaluation which assesses how and why the intervention worked.

• A) Outcome evaluation
• B) Process evaluation
• C) Staff evaluation
• D) None of these

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Definitions:

Accounting Profit

The financial gain calculated by subtracting total explicit costs from total revenues, excluding the consideration of implicit costs or opportunity costs.

Economic Profit

The gap between a company's total earnings and its combined explicit and implicit expenses.

Total Output

The total quantity of goods or services produced by an economy, firm, or production process within a given period.

Total Revenue

The complete amount of money received by a company or organization from its business activities, such as sales of goods or services, before any expenses are subtracted.