Most __________ Grants Are Awarded Through a Competitive Application Process

question 81

Multiple Choice

Most __________ grants are awarded through a competitive application process.

• A)project
• B)formula
• C)business
• D)block

---

Definitions:

Retained Earnings

Profits that a company has earned to date, less any dividends or other distributions paid to investors, which are reinvested in the business.

Net Income

The total profit of a company after all expenses, including taxes and operating costs, have been subtracted from total revenues.

Dividend

A distribution of a portion of a company's earnings, decided by the board of directors, to a class of its shareholders.

Treasury Stock

Shares of a company's own stock that it has reacquired from shareholders, not considered when calculating earnings per share or dividend distributions.