Practice question

What is the significance of the 'fiscal year' concept in NHTSA highway safety grant management?

  1. It determines the model year of vehicles eligible for safety recalls
  2. It defines the federal funding period (October 1 through September 30) within which grant funds must be obligated, expended, and reported
  3. It sets the calendar year for crash data reporting
  4. 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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