Which of the Following Statements About Grant Proposals Is Accurate

question 81

Multiple Choice

Which of the following statements about grant proposals is accurate?

• A)Grant money received must be repaid.
• B)Funds received through a grant proposal can be used for any purpose, not just those outlined in the proposal.
• C)Grants are often made to the government, private foundations, and public corporations.
• D)Skilled grant writers are among the most in-demand professionals today.

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Definitions:

Capacity

The maximum output level that a firm, industry, or economy can sustain under the current conditions.

Efficiently

The ability to achieve a desired result without wasting materials, time, or energy.

Scarcity

The fundamental economic problem of having seemingly unlimited human wants in a world of limited resources, leading to the necessity of making choices.

Economize

The act of reducing waste or optimizing the use of resources to save money or achieve greater efficiency.