CGA Post-Award Administration & Grant Closeout

Question 1

Under 2 CFR Part 200 (Uniform Guidance), how many calendar days does a non-federal entity typically have to submit final financial and performance reports after the period of performance ends?

Accepted Answer

90 days

Answer

30 days

Answer

60 days

Answer

120 days

Question 2

Which document officially communicates a federal agency's decision to fund a grant application and outlines the award's terms and conditions?

Accepted Answer

Notice of Award (NOA)

Answer

Grant proposal

Answer

Budget justification

Answer

Indirect cost rate agreement

Question 3

A grant recipient wishes to transfer funds between budget categories in an amount exceeding the threshold specified in the award terms. What is typically required under 2 CFR 200.308?

Accepted Answer

Prior written approval from the federal awarding agency

Answer

Only internal board approval

Answer

Verbal approval from the program officer

Answer

Notification to the agency within 30 days after the transfer

Question 4

What is a 'no-cost extension' in grant administration?

Accepted Answer

An extension of the performance period without additional federal funding

Answer

A waiver of indirect cost requirements during the project

Answer

An increase in grant funding with no matching requirement

Answer

A reduction in reporting requirements for the final year

Question 5

Under 2 CFR 200.309, costs incurred after the period of performance end date are generally treated as:

Accepted Answer

Not allowable unless specifically authorized by the awarding agency

Answer

Allowable if documented with receipts

Answer

Allowable for up to 90 days after the period ends

Answer

Allowable only for administrative costs

Question 6

What is the purpose of a grant amendment (also called a modification)?

Accepted Answer

To formally change specific terms, conditions, or scope of an existing award

Answer

To terminate the grant early and deobligate remaining funds

Answer

To apply for continuation funding in the next fiscal year

Answer

To dispute findings from a federal compliance review

Question 7

Which of the following actions requires prior approval from the federal awarding agency during post-award administration?

Accepted Answer

Changing the project director named in the award

Answer

Hiring staff within approved position descriptions in the budget

Answer

Submitting required quarterly financial reports on time

Answer

Purchasing supplies that are budgeted in the approved budget