RACC Certified Research Administrator (CRA) Practice Exam

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Which statement best describes a modular application?
Correct Answer:
Uses budget modules instead of detailed line-item categories
Explanation:
Modular budgeting is a streamlined approach that groups costs into modules rather than itemizing every expense. In practice, the budget is presented in blocks (often fixed increments) that cover direct costs for the project period, rather than listing detailed line-item categories. This helps focus on the overall funding needs and project scope, reducing administrative detail while still conveying essential cost information. That’s why describing a modular budget as using budget modules instead of detailed line-item categories fits best.

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