Which of the Following Is an Example of a Grant

question 44

Multiple Choice

Which of the following is an example of a grant proposal?

• A)a supervisor requesting funding from her boss for new computers, monitors, and printers to enable her department to function more efficiently
• B)an academic organization requesting funding from a foundation to support a math, science, and technology competition
• C)a book store employee suggesting to the store owner that they start doing family-friendly programming, like a story hour
• D)a sous-chef in a restaurant requesting that the restaurant start offering a line of light and healthy menu choices
• E)an employee asking for approval to work a flex-time schedule

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Definitions:

Production Needs

Refers to the resources and requirements necessary to manufacture goods or provide services, including materials, labor, and machinery.

Merchandise Purchases Budget

A financial plan that estimates the cost of inventory a business needs to buy to meet its sales goals.

Master Budget

A comprehensive financial planning document that includes all of the smaller, individual budgets within a company, projecting all of its activities over a fiscal year.

Sales Budget

A detailed estimate of the sales revenue a company expects to earn in a specific period, including both volume and price.