CGA Post-Award Administration & Grant Closeout 2

Question 1

According to 2 CFR 200.332(a), which of the following must a pass-through entity include in every subaward agreement?

Accepted Answer

The Federal Award Identification Number (FAIN) and applicable program requirements

Answer

The subrecipient's marketing and outreach plan

Answer

A copy of the subrecipient's board meeting minutes

Answer

The subrecipient's 5-year strategic plan

Question 2

What is the key characteristic that distinguishes a subrecipient from a contractor (vendor) in federal grant administration per 2 CFR 200.1?

Accepted Answer

A subrecipient carries out a portion of the federal program while a contractor provides goods or services for the recipient's own use

Answer

Subrecipients provide commercial goods while contractors provide program services

Answer

Contractors receive federal funds directly from the awarding agency

Answer

There is no meaningful legal or administrative distinction between the two

Question 3

Before issuing a subaward, a pass-through entity must verify that the potential subrecipient is not suspended or debarred by checking:

Accepted Answer

The System for Award Management (SAM.gov) exclusions

Answer

The federal awarding agency's internal do-not-fund list

Answer

The IRS tax-exempt database (Publication 78)

Answer

The state procurement vendor list

Question 4

If a subrecipient expends $750,000 or more in federal awards during its fiscal year, it is subject to:

Accepted Answer

An annual Single Audit conducted by an independent auditor

Answer

Quarterly audits by the pass-through entity

Answer

A program-specific review by the federal awarding agency

Answer

Monthly financial reporting directly to the federal awarding agency

Question 5

Which of the following BEST describes a 'high-risk' subrecipient designation in federal grant administration?

Accepted Answer

A subrecipient requiring enhanced monitoring due to prior findings, weak controls, or poor compliance history

Answer

A subrecipient that has received more than $1 million in total federal funding

Answer

A subrecipient located in a different state than the pass-through entity

Answer

Any for-profit organization receiving federal subaward funds

Question 6

What is the primary purpose of a subrecipient monitoring plan developed by a pass-through entity?

Accepted Answer

To outline how the pass-through entity will ensure subrecipient compliance with federal requirements

Answer

To document the subrecipient's hiring and HR processes

Answer

To provide the subrecipient with a template for future grant applications

Answer

To satisfy only the pass-through entity's internal audit requirements

Question 7

When a pass-through entity identifies a non-compliance finding during subrecipient monitoring, it is required to:

Accepted Answer

Issue a management decision and ensure the subrecipient takes timely corrective action

Answer

Terminate the subaward immediately without notice

Answer

Withhold all future payments until the subrecipient submits a new application

Answer

Report the finding directly to the Inspector General without informing the subrecipient