RACC Certified Research Administrator (CRA) CRA Exam Questions in PDF

Free RACC CRA Dumps Questions (page: 2)

A donation may refer to the transfer of equipment:

  1. ONLY without specifications as to the exact preferred use
  2. ONLY with specifications as to the exact preferred use
  3. with or without specifications as to the exact preferred use
  4. None of the choices.

Answer(s): C

Explanation:

A donation refers to the transfer of equipment, money, goods, services, and/or property with or without specifications as to the exact preferred use (no specific intent). In-Kind refers to contributions or assistance in a format other than money. An example is the equipment offered in lieu of cash. Benefits refer to the payment made or an entitlement available in accordance with arrangements such as wage agreement, insurance policy, and/or public assistance program.



A donation may NOT refer to the transfer of:

  1. equipment
  2. money
  3. goods
  4. services
  5. property
  6. None of the choices.

Answer(s): F

Explanation:

A donation refers to the transfer of equipment, money, goods, services, and/or property with or without specifications as to the exact preferred use (no specific intent). In-Kind refers to contributions or assistance in a format other than money. An example is the equipment offered in lieu of cash. Benefits refer to the payment made or an entitlement available in accordance with arrangements such as wage agreement, insurance policy, and/or public assistance program.



Which of the following refers to contributions or assistance in a format other than money?

  1. In- Kind
  2. Out- Kind
  3. Gratitu de
  4. None of the choices.

Answer(s): A

Explanation:

A donation refers to the transfer of equipment, money, goods, services, and/or property with or without specifications as to the exact preferred use (no specific intent). In-Kind refers to contributions or assistance in a format other than money. An example is the equipment offered in lieu of cash. Benefits refer to the payment made or an entitlement available in accordance with arrangements such as wage agreement, insurance policy, and/or public assistance program.



An equipment offered in lieu of cash is a valid example of In- Kind.

  1. True
  2. False

Answer(s): A

Explanation:

A donation refers to the transfer of equipment, money, goods, services, and/or property with or without specifications as to the exact preferred use (no specific intent). In-Kind refers to contributions or assistance in a format other than money. An example is the equipment offered in lieu of cash. Benefits refer to the payment made or an entitlement available in accordance with arrangements such as wage agreement, insurance policy, and/or public assistance program.



Which of the following refers to the payment made or an entitlement available in accordance with arrangements such as wage agreement?

  1. Benefits
  2. Insurance
  3. Gifts
  4. Donations
  5. None of the choices.

Answer(s): A

Explanation:

A donation refers to the transfer of equipment, money, goods, services, and/or property with or without specifications as to the exact preferred use (no specific intent). In-Kind refers to contributions or assistance in a format other than money. An example is the equipment offered in lieu of cash. Benefits refer to the payment made or an entitlement available in accordance with arrangements such as wage agreement, insurance policy, and/or public assistance program.



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9/20/2023 4:52:00 PM

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6/12/2023 7:23:00 AM

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11/1/2022 9:14:00 PM

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