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GRASPS UNIT: FINANCIAL LITERACY SUBJECT: Math Grades 47 PERSONAL BUDGET GRADE 7 ESSENTIAL QUESTION(s): Why is money important? How do values determine spending habits? What is financial responsibility?

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What is grasps?

GRASPS stands for Government Reports Application System.

Who is required to file grasps?

All government agencies and departments are required to file grasps.

How to fill out grasps?

Grasps can be filled out online by logging into the Government Reports Application System.

What is the purpose of grasps?

The purpose of grasps is to collect and compile important government data and statistics for analysis and reporting.

What information must be reported on grasps?

Information such as budget allocations, expenditures, personnel statistics, and program outcomes must be reported on grasps.

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