Using Expert Opinion as a Form of Program Evaluation Is

question 2

Multiple Choice

Using expert opinion as a form of program evaluation is especially useful when *

• A) the program is complex and there are few clear objective criteria of effectiveness.
• B) there are readily observable outcomes from a program.
• C) it is essential that the causal connection between the program and the outcome be definitely understood.
• D) new medications are being evaluated.

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Definitions:

Discount Rate

The interest rate used in discounted cash flow (DCF) analysis to determine the present value of future cash flows or investments.

Pension Plan

A retirement plan that requires an employer to make contributions into a pool of funds set aside for a worker's future benefit.

Cumulative Unrecognized Loss

Losses that have not been realized through a transaction and are not reflected in financial statements, often relating to investments or assets held.

Amortization

The gradual reduction of a debt or the spreading out of capital expenses for intangible assets over a period.