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The following accounting principles and assumptions are included in the conceptual framework of accounting:
For each situation in A through C below,identify which assumption or principle applies by selecting from the list provided above,and explain why that assumption or principle applies.
Effective
Producing a desired or intended result, often used to describe interventions, methods, or treatments.
Formative Evaluation
Real time assessments conducted during the counseling process to determine the efficacy of a given treatment or intervention as it is being implemented.
Summative Evaluation
An assessment conducted at the end of a project or a specific time period to determine its effectiveness or outcomes.
Feedback
Information provided regarding one's performance or behavior, intended to reinforce strengths or identify areas for improvement.
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