Practice question
What is the significance of the 'fiscal year' concept in NHTSA highway safety grant management?
- It determines the model year of vehicles eligible for safety recalls
- It defines the federal funding period (October 1 through September 30) within which grant funds must be obligated, expended, and reported
- It sets the calendar year for crash data reporting
- It determines when state legislatures must pass highway safety bills
Answer: B — It defines the federal funding period (October 1 through September 30) within which grant funds must be obligated, expended, and reported
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