Which of the Following Is a Guideline for Writing Grant

question 65

Multiple Choice

Which of the following is a guideline for writing grant proposals?

• A)Send proposals to any agency that has funds to give, regardless of its relevance to your organization's project.
• B)Arrange a personal meeting only after you have submitted your grant proposal.
• C)Omit a cover letter, as it is not expected from most funding agencies.
• D)Never submit a proposal online.
• E)Draft a proposal that addresses each topic area.

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Definitions:

Flexible Budget Performance Report

A report comparing actual operating results to a budget that adjusts with changes in the volume of activity.

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue is contributing to fixed costs and profit.

Fixed Budget

A budget that remains constant, regardless of changes in the volume of activity, sales, or other factors.

Direct Materials Quantity Variance

The difference between the actual amount of materials used in production and the expected amount.