Grant Writing Grant Writing Post-Award Grant Management Questions and Answers 2

Question 1

Which federal regulation establishes the Uniform Administrative Requirements for grants awarded to non-federal entities?

Accepted Answer

2 CFR Part 200

Answer

45 CFR Part 75

Answer

OMB Circular A-133

Answer

48 CFR Part 31

Question 2

What is the primary purpose of a grant drawdown schedule?

Accepted Answer

To time the receipt of federal funds to match actual expenditure needs

Answer

To establish the total award amount for each budget period

Answer

To determine indirect cost rates for the project

Answer

To outline the deliverables required each quarter

Question 3

When a grantee needs to move funds between approved budget categories beyond the allowed threshold, what action is required?

Accepted Answer

Submit a budget modification request to the funding agency

Answer

Notify the agency after the fiscal year ends

Answer

Reallocate funds freely as long as total budget remains the same

Answer

Request a no-cost extension first

Question 4

What is the standard record retention period for grant-related documents under federal guidelines?

Accepted Answer

Three years from submission of the final expenditure report

Answer

Five years from the grant end date

Answer

Seven years from the last drawdown

Answer

Ten years from the award date

Question 5

Which of the following best describes a disallowed cost in post-award grant management?

Accepted Answer

A charged expense that the auditor or agency determines does not meet allowability criteria

Answer

Any cost that exceeds the approved budget by more than 10%

Answer

An expense incurred before the grant start date only

Answer

A cost shared by multiple funding sources

Question 6

What is the purpose of conducting a sub-recipient monitoring plan?

Accepted Answer

To ensure sub-recipients comply with award terms and achieve performance goals

Answer

To reduce the prime grantee's indirect cost rate

Answer

To transfer fiscal liability to the sub-recipient entirely

Answer

To satisfy state licensing requirements for contractors