Which Type of Federal Grant Could Be Used Only for Programs

question 17

Multiple Choice

Which type of federal grant could be used only for programs specified in the grant?

• A)categorical grant-in-aid
• B)general revenue sharing
• C)block grant
• D)community development grant
• E)federal mandate

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Definitions:

Static Budget

A fixed budget that does not change with the level of activity or production volume, often used for planning purposes.

Level Of Activity

A measurement of the volume of production or operations within a business, which can affect various costs and efficiency metrics.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels.

Actual Level

The real, observed level of activity, production, or performance in a given period.