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

Per 2 CFR 200.332(a), subaward agreements must include the Federal Award Identification Number, applicable laws and regulations, and reporting and performance requirements.

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

A subrecipient carries out a portion of a federal award's program objectives and bears programmatic responsibility, while a contractor provides commercial products or services that support the recipient's operations.

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

Per 2 CFR 200.332(b), pass-through entities must verify subrecipients are not suspended or debarred by checking the exclusions section of SAM.gov before issuing a subaward.

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

Per 2 CFR 200.501, non-federal entities that expend $750,000 or more in federal awards in a fiscal year must have a Single Audit (or program-specific audit) conducted by an independent auditor.

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 high-risk designation is applied to subrecipients with prior audit findings, weak internal controls, or a history of non-compliance, requiring enhanced monitoring measures from the pass-through entity.

(CGA) Certified Grant Administrator Practice Test

(CGA) Certified Grant Administrator Practice Test

CGA Post-Award Administration & Grant Closeout 2