The Form of Federal Assistance Called ________ Provides Money to State

question 65

Multiple Choice

The form of federal assistance called ________ provides money to state governments with no strings attached.

• A) New Federalism
• B) general revenue sharing
• C) block grants
• D) unfunded mandates
• E) categorical grants

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Definitions:

Account Aggregation

A financial service that compiles information from various accounts, belonging to an individual or entity, into a single platform for easier management and analysis.

Financial Management

The strategic planning, organizing, directing, and controlling of financial undertakings in an organization or an institution; it also includes applying management principles to the financial assets of an organization.

Third-Party

An entity or individual not directly involved in a transaction or agreement but who may be affected by it or have an interest in it.

Honoring Checks

The act of accepting a check as payment and processing it as directed by the terms written on the check.