CRA Exam dumps PDF | Exam-Dumps.net (Page: 3)

QUESTION: 11

Benefits may NOT refer to the payment made or an entitlement available in accordance with the arrangements of:

wage agreement
insurance policy
public assistance program.
None of the choices.

Answer(s): D

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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QUESTION: 12

A Challenge Grant is a form of grant that provides monies in response to:

monies from other sources
monies from other federal agencies
monies from other state agencies
None of the choices.

Answer(s): A

Explanation:

A Challenge Grant is a form of grant that provides monies in response to monies from other sources, usually basing on a specific formula. There is usually a fixed upper limit plus a challenge minimum below which no grant will be made. This form of grant is rather popular in the fields of arts and humanities. Note that a challenge grant is different from a matching grant in that the amount of money that the recipient organization realizes from a challenge grant can vary widely depending upon how successful that organization is in meeting the challenge.

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QUESTION: 13

A Challenge Grant is a form of grant that provides monies determined:

basing on a specific formula
basing on the direct costing formula
basing on the indirect costing formula
None of the choices.

Answer(s): A

Explanation:

A Challenge Grant is a form of grant that provides monies in response to monies from other sources, usually basing on a specific formula. There is usually a fixed upper limit plus a challenge minimum below which no grant will be made. This form of grant is rather popular in the fields of arts and humanities. Note that a challenge grant is different from a matching grant in that the amount of money that the recipient organization realizes from a challenge grant can vary widely depending upon how successful that organization is in meeting the challenge.

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QUESTION: 14

With a Challenge Grant,

There is usually a fixed upper limit plus a challenge minimum below which no grant will be made.
There is usually a fixed upper limit plus a challenge minimum below which only HALF of the grant will be made.
There is usually no fixed upper limit.
There is usually a variable upper limit plus a challenge minimum below which no grant will be made.
None of the choices.

Answer(s): A

Explanation:

A Challenge Grant is a form of grant that provides monies in response to monies from other sources, usually basing on a specific formula. There is usually a fixed upper limit plus a challenge minimum below which no grant will be made. This form of grant is rather popular in the fields of arts and humanities. Note that a challenge grant is different from a matching grant in that the amount of money that the recipient organization realizes from a challenge grant can vary widely depending upon how successful that organization is in meeting the challenge.

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QUESTION: 15

Challenge Grant is rather popular in the fields of (choose all that apply):

arts
humanities
science
space aviation
None of the choices.

Answer(s): A,B

Explanation:

A Challenge Grant is a form of grant that provides monies in response to monies from other sources, usually basing on a specific formula. There is usually a fixed upper limit plus a challenge minimum below which no grant will be made. This form of grant is rather popular in the fields of arts and humanities. Note that a challenge grant is different from a matching grant in that the amount of money that the recipient organization realizes from a challenge grant can vary widely depending upon how successful that organization is in meeting the challenge.

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RACC CRA Exam (page: 3) RACC Certified Research Administrator (CRA) Updated on: 31-Mar-2026

QUESTION: 11

Explanation:

QUESTION: 12

Explanation:

QUESTION: 13

Explanation:

QUESTION: 14

Explanation:

QUESTION: 15

Explanation:

RACC CRA Exam (page: 3)
RACC Certified Research Administrator (CRA)
Updated on: 31-Mar-2026