I use these exit passes to quickly and effectively assess my students' understanding after a lesson.
The students answer the exit pass depending on the lesson & immediately walk it back to me. If the student answered the pass correctly, they receive a star. If the student did not answer it correctly, I sent them back to their seat to fix. After class, I collect the passes that were incorrect the first time & document those students that struggled with that particular standard. I use that information for future lessons.
These can be used for a grade or for a quick formative assessment.