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Categorical grants and other grants provide a way for the federal government to work cooperatively with the states and still get a broader national outcome. This outlines the basic idea of cooperative federalism where the states and the federal government work cooperatively and equally to achieve something bigger than either can do alone.
Block grants can be also provided being tied up to any specific use. A grant of some fixed amount with a mandate that money be spent only on some specific purpose is called conditional block grant. [20] In general, grants that are restricted to a particular way of use are called categorical grants. [19]
Consequently, the authors argue that block grants can achieve important outcomes, and that categorical grants are not necessary to force spending on particular issues. [27] However, block grant critics would likely argue that this 50% spending rate on ADHA is a sign of ineffectiveness, as it means that local governments are spending the rest of ...
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.
Quizlet was founded in October 2005 by Andrew Sutherland, who at the time was a 15-year old student, [2] and released to the public in January 2007. [3] Quizlet's primary products include digital flash cards , matching games , practice electronic assessments , and live quizzes.
About 90% of federal aid dollars are spent for categorical grants. Project grants are grants given by the government to fund research projects, such as a research project for medical purposes. An individual must acquire certain qualifications before applying for such a grant and the normal duration for project grants is three years.
English. Read; Edit; View history; Tools. Tools. ... Auditing terms (25 P) Pages in category "Accounting terminology"
Generally Accepted Accounting Principles (GAAP) [a] is the accounting standard adopted by the U.S. Securities and Exchange Commission (SEC), [1] and is the default accounting standard used by companies based in the United States.