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CRA Certified Research Administrator VIP Practice Exam

CRA — The Certified Research Administrator (CRA) exam is administered by the Research Administrators Certification Council (RACC); the exam consists of approximately 130 scored multiple-choice questions administered over 3 hours, covering five content domains: Research Administration Management, Governmental Regulations and Requirements, Pre-Award, Post-Award, and Contracts and Industry Agreements.

31
Questions
180m
Time Limit
70.00%
To Pass
Question 1 of 31👑 VIP

A principal investigator (PI) at a university is conducting federally funded research and wants to purchase a $6,200 piece of laboratory equipment. The award is a federal grant governed by 2 CFR 200 (Uniform Guidance). The university's capitalization threshold is $5,000. Under these circumstances, which of the following statements is MOST accurate regarding how this purchase should be treated?

Questions 2–31 and full explanations are VIP-exclusive.