Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jul 16, 2018

What are the three types of federal grants? Briefly explain each one.

Step by Step Solution

★★★★★

3.49 Rating (152 Votes )

There are 3 Steps involved in it

Step: 1

Categorical grants may be consumed only for narrowly defined purposes and recipi... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Fundamentals Of Taxation 2015

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

8th Edition

1259293092, 978-1259293122, 1259293122, 978-1259293092

More Books

Students also viewed these Human Resource Management questions

Question

★★★★★

What are the three types of tax authority? Who issues each type?

Answered: 1 week ago

Question

★★★★★

What are the three types of comparisons that can be made when conducting ratio analyses?

Answered: 1 week ago

Question

★★★★★

What are the three types of fraud against organizations that employees, vendors, and customers use to steal an organizations assets?

Answered: 1 week ago

Question

★★★★★

Determine one positive and one negative coterminal angle for each angle given. 173

Answered: 1 week ago

Question

★★★★★

Information for Fresh Air Products is given in D8-12. Instructions (a) Assuming the company uses through put costing: 1. Calculate the manufacturing cost per unit. 2. Prepare a throughput-costing...

Answered: 1 week ago

Question

★★★★★

=+8-10 Managers should always buy inventory in quantities that result in the lowest purchase cost per unit. Do you agree? Why?

Answered: 1 week ago

Question

★★★★★

Discuss the challenging issues in this type of research that relate to focusing on group differences, group identification, the fallacy of homogeneity, and the post hoc fallacy.

Answered: 1 week ago

Question

★★★★★

Interpreting income tax disclosures. Exhibit 11.22 presents selected information from the notes to the financial statements of a manufacturer of equipment for farming, construction, and residential...

Answered: 1 week ago

Question

★★★★★

Hubbard Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During January, the kennel budgeted for 2,100 tenant-days, but its...

Answered: 1 week ago

Question

★★★★★

In auditing an international company, or a subsidiary of an international company, you would more than likely need to follow the auditing standards of the International Auditing & Assurance Standards...

Answered: 1 week ago

Question

★★★★★

La empresa XYZ fabrica un producto y ha calculado las siguientes cantidades de mano de obra directa: AH x AR = $84 000; AH x SR = $83,000; SH x SR = $85,000. Calcule la variacin del costo de la mano...

Answered: 1 week ago

Question

★★★★★

What happens to the price elasticity of the demand for coal when the quantity of coal demanded is measured in kilograms instead of tons? The price elasticity will be neither more nor less elastic....

Answered: 1 week ago

Question

★★★★★

1. Review Critical Legal Thinking Case 17 on page 310 of the textbook entitled United States v. Michaels Jewelers, Inc. Using IRAC, identity the issue(s) in this case. Explain the applicable rule....

Answered: 1 week ago

Question

★★★★★

VIRTUAL M MICHIGAN V Precalculus B | Unit 13 Project: Conics Challenge Directions: In this end-of-unit project, you will use your knowledge of conics to recreate the following rendering of this...

Answered: 1 week ago

Question

★★★★★

In Total Productive Maintenance (TPM) list three examples of typical tasksthatare transferred to production personnel, and explain how it is possible to transfer these without overburdening tasks to...

Answered: 1 week ago

Question

★★★★★

Kingbird Industries has the following patents on its December 31, 2024, balance sheet. Patent Item Initial Cost Date Acquired Useful Life at Date Acquired Patent A $44,676 3/1/21 17 years Patent B...

Answered: 1 week ago

Question

★★★★★

Lab Description Write a program that will go through an array to see if the numbers are decreasing You must combine variables, ifs, and a loop to create a working method. There will always be at...

Answered: 1 week ago

Question

★★★★★

When a company has a contract involving multiple performance obligations, how must the company recognize revenue?

Answered: 1 week ago

Question

★★★★★

Load the truck as much as possible with as many different products as possible while maximizing the value of the load Strategy Item To Be Loaded Item 1 Item 2 Item 3 Item 4 Item 5 Item 6 Totals Load...

Answered: 1 week ago

Question

★★★★★

For rental expenses to be deductible, what criteria must be met? For this question, assume no personal use of the rental property.

Answered: 1 week ago

Question

★★★★★

Multiple Choice Questions 1. Deductible expenses for moving do not include: a. The cost of transporting household goods. b. Hotel costs while moving to the new location. c. Meals incurred during the...

Answered: 1 week ago

Question

★★★★★

In 2013, Sherri, a single filing taxpayer, had $3,600 in state tax withheld from her paycheck. She properly deducted that amount on her 2013 tax return as an itemized deduction that she qualified...

Answered: 1 week ago

Question

★★★★★

In its first year of existence (year 1) WCC corporation (a C corporation) reported taxable income of $170,000 and paid $49,550 of federal income tax. In year 2, WCC reported a net operating loss of...

Answered: 1 week ago

Question

★★★★★

Evon would like to organize SHO as either an S corporation or as a C corporation generating a 9 percent annual before-tax return on a $200,000 investment. Assume individual and corporate tax rates...

Answered: 1 week ago

Question

★★★★★

Jack would like to organize PPS as either an LLC or as a C corporation generating an 11 percent annual before-tax return on a $100,000 investment. Assume individual ordinary rates are 35 percent,...

Answered: 1 week ago

Previous Question Next Question