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:
Verified
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