Free CRA Exam Braindumps (page: 14)

Page 14 of 61

Which of the following refers to the agency administered programs that are supported by ear-marked federal funds, making grants primarily to small business entities?

  1. SBIR
  2. STTR
  3. SBAA
  4. SBRC
  5. None of the choices.

Answer(s): A

Explanation:

Small Business Innovative Research (SBIR) refers to the agency administered programs that are supported by ear-marked federal funds, making grants to small business entities. Small Business Technology Transfer (STTR) refers to the grant applications and/or programs for funding those small business that are teamed up with research institutions.



Which of the following refers to the grant applications and/or programs for funding those small business that are teamed up with research institutions?

  1. SBIR
  2. STTR
  3. SBAA
  4. SBRC
  5. None of the choices.

Answer(s): B

Explanation:

Small Business Innovative Research (SBIR) refers to the agency administered programs that are supported by ear-marked federal funds, making grants to small business entities.
Small Business Technology Transfer (STTR) refers to the grant applications and/or programs for funding those small business that are teamed up with research institutions.



The FEDERAL FINANCIAL ASSISTANCE MANAGE MENT IMPROVEMENT ACT (FFAMIA)/P.L. 106-107 which was enacted in:

  1. 1999
  2. 2000
  3. 2001
  4. 2002
  5. None of the choices.

Answer(s): A

Explanation:

The FEDERAL FINANCIAL ASSISTANCE MANAGE MENT IMPROVEMENT ACT (FFAMIA)/P.L. 106-107 which was enacted in 1999 is a federal law aiming at easing the application of financial assistance. This is the Act that requires federal agencies to create the Federal Commons for electronic processing of all grant programs.



The FEDERAL FINANCIAL ASSISTANCE MANAGE MENT IMPROVEMENT ACT (FFAMIA)/P.L. 106-107 is a federal law aiming at:

  1. easing the application of financial assistance.
  2. easing the use of financial portals.
  3. easing the development of financial portals.
  4. None of the choices.

Answer(s): A

Explanation:

The FEDERAL FINANCIAL ASSISTANCE MANAGE MENT IMPROVEMENT ACT (FFAMIA)/P.L. 106-107 which was enacted in 1999 is a federal law aiming at easing the application of financial assistance. This is the Act that requires federal agencies to create the Federal Commons for electronic processing of all grant programs.



Page 14 of 61



Post your Comments and Discuss RACC CRA exam with other Community members:

M.O.69 commented on December 08, 2022
I am proud to say that I passed my exam today.
UNITED STATES
upvote

Sabrina commented on November 23, 2021
I really appreciate this guys. This brain dumps questions and answers was the only study material I used to pass. Saved me a tone of time.
CANADA
upvote