Grants Are Used by Governments to Operate Programs and Provide

Grants are used by governments to operate programs and provide services. Common types of grant classifications include the following given below please choose the correct option:

A) Formula grants - legally mandated funding levels and restrictions on eligible grantees, with little or no discretion being exercised by the grantor.
B) Project grants - similar to contracts because grantors agree to pay the grantee for services, performance, or a specific project.
C) Construction grants - awarded only for construction of permanent facilities.
D) All of the above.
E) None of the above.

Correct Answer:

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