f you asked any company's CFO this question, you would probably be in for a three-hour conversation. But the core duties can be summarized in just a few paragraphs. A CFO's job can be broken down into three major components: 1. Controllership duties - These make up the backward looking part of a CFO's job.
Authentic assessments, on the other hand, offer more direct evidence of application and construction of knowledge. As in the golf example above, putting a golf student on the golf course to play provides much more direct evidence of proficiency than giving the student a written test.
Some also consider debating and peer teaching as examples of informal assessments. One way of assessing the skills of students is to ask them questions that they are required to answer in front of other students. What is the difference between Formal and Informal Assessment? â¢ Formal assessments evaluate the performance of students on the basis of their grades in standardized tests whereas informal assessments are qualitative in nature and do not have standardized tools for evaluation.