Answer to Question 1
ANS: A, C, D
A computerized information system, the Sponsored Programs Information Network (SPIN), can assist researchers in locating the most appropriate funding sources to support their research interests. The database contains approximately 2,000 programs that provide information on federal agencies, private foundations, and corporate foundations. Many universities and research institutions have access to SPIN. Other databases include private funding as well.
Answer to Question 2
ANS: A, B, C, G
Although the supporting institution is ultimately responsible for dispensing and controlling grant monies, the primary investigator (PI) is responsible for keeping track of budget expenditures and making decisions about how the money is to be spent. If funding is through a federal agency, the PI will be required to provide interim reports as well as updates on the progress of the study. The PI interviews, hires, trains, and oversees grant personnel. During a large study with several investigators and other grant personnel, the PI coordinates activities, often through formal meetings of all grant workers at intervals to share ideas and solve problems. Federal grants require the PI to submit interim reports according to preset deadlines. The PI often writes the renewal grant as soon as the first grant has been made, so that continuous research activity can be accomplished. In theory, the PI could be planning one study, collecting data on a second study, analyzing data on a third study, and writing papers for publication on a fourth study. A full-time researcher could have completed one funded study, be in the last year of funding for a second study, be in the first year of funding for a third study, and be seeking funding for a fourth study.