What Is the Advantage of Doing a Formative Evaluation

question 42

Multiple Choice

What is the advantage of doing a formative evaluation?

• A)it enables the agency to decide whether or not to implement the program
• B)it allows program changes to be made before it is too late
• C)it allows the researcher to complete an experimental study instead of a quasi-experimental study
• D)it allows for a final "formed" evaluation of the success or failure of the program

---

Definitions:

Cash Surpluses

Excess cash that a company generates beyond its needs, which can be used for investment, dividends, or to strengthen the balance sheet.

Marketability Risk

The risk that an asset cannot be sold quickly in the market without impacting its price significantly.

Marketable Securities Portfolio

A collection of liquid financial instruments that can be quickly converted into cash, held by an individual or entity.

Treasury Bills

Treasury bills are short-term government securities with maturities ranging from a few days to 52 weeks, issued at a discount to face value.