Which of the following hold true with regard to grants?
I.Grants are moneys provided to business and other entities that don't have to be repaid.
II.Grantee must perform the service for which the grant was approved.
III.Government grants exceed $400 billion per year.
IV.Size Standards for all businesses to qualify for grants are the same for all industries.
A)I & II
B)I & IV
C)I,II,& IV
D)I,II,& III

Question

Which of the following hold true with regard to grants? 
I.Grants are moneys provided to business and other entities that don't have to be repaid.
II.Grantee must perform the service for which the grant was approved.
III.Government grants exceed $400 billion per year.
IV.Size Standards for all businesses to qualify for grants are the same for all industries.
A)I & II
B)I & IV
C)I,II,& IV
D)I,II,& III

Quizplus · Accepted Answer

Grants are funds that do not require repayment, and recipients must perform the services for which the grant was approved. Government grants do exceed $400 billion annually. However, size standards for businesses to qualify for grants vary by industry.

Which of the Following Hold True with Regard to Grants