[Solution] Learn It: Concept Check Quiz 10-1
Created at:
Author: Sarah Bennett
Introduction: Take this quiz to get a quick check on your understanding of chapter concepts.
RFP is an acronym for which of the following terms?
- Request for Payment
- Request for Proposal
- Request for Performance
View Explanation
When government organizations or businesses have a specific need, they prepare an RFP, or Request for Proposal, inviting contractors to bid for completion of the work.
Informal proposals typically contain which of the following sections? Check all that apply.
- Staffing
- Letter of Transmittal
- Budget
- Table of Contents
- Authorization
View Explanation
An informal proposal typically contains six principal components: introduction, background, proposal, staffing, budget, and authorization.
An external proposal written to obtain funding from agencies that support causes is called a .
View Explanation
Grant proposals aim to secure funding for worthwhile and charitable causes.