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Evaluation Formative vs. summative Four paradigms Informal feedback Walkthroughs Field studies Predictive evaluation Goals: find problems or new opportunities, check conformity with guidelines, standards,
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Formative VS is a financial statement that provides information about the financial position of an organization.
Non-profit organizations and certain other entities are required to file formative VS.
Formative VS can be filled out online or submitted through mail with the required financial information.
The purpose of formative VS is to provide transparency and accountability regarding the financial activities of an organization.
Formative VS must report financial data such as income, expenses, assets, and liabilities.
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