Note: Hey, this article got published on the Instructure Keep Learning blog!
All of the major Learning Management Systems have some sort of online assessment tool. It’s a staple of traditional education too: at some point during a class, present students with a list of roughly 25 multiple choice questions to evaluate their mastery of the material. In the bad old days these had to be marked by hand, then later educators were blessed (and students were cursed) by Scantrons that could be graded by machine, and for the last decade and a half computer-based assessments have become very popular.