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 indeed funds that do not need to be repaid (I), often require the grantee to perform specific services or meet conditions (II), and the amount of government grants can indeed exceed $400 billion annually (III). The size standards for businesses to qualify for grants can vary by industry, making IV incorrect.

Which of the Following Hold True with Regard to Grants