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FREE Grant Writing Post-Award Management and Reporting Questions and Answers Flashcards

6 cards from real Grant Writing practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 FREE Grant Writing Post-Award Management and Reporting Questions and Answers flashcards as text

  1. What is a no-cost extension (NCE) in the context of federal grant management?

    Answer: An approved extension of the grant period without additional funding

    A no-cost extension extends the project period to allow completion of activities without providing additional funds.

  2. Which document typically outlines the specific terms, conditions, and reporting requirements for an individual grant award?

    Answer: Notice of Award (NOA)

    The Notice of Award is the official document that specifies all terms, conditions, and compliance requirements binding the grantee.

  3. A project director wants to change the principal investigator on a federally funded grant. What is typically required?

    Answer: Prior written approval from the funding agency

    Changing the principal investigator is considered a significant change that requires prior approval from the awarding agency under most federal grants.

  4. What is the purpose of maintaining time-and-effort reports for grant-funded personnel?

    Answer: To document that salaries charged to the grant reflect actual work performed on the project

    Time-and-effort reporting ensures that salary costs charged to a grant accurately represent the work performed on that specific project.

  5. Under 2 CFR Part 200, how long must grantees retain financial records and supporting documents after the final expenditure report is submitted?

    Answer: Three years

    The Uniform Guidance requires grantees to retain records for three years from the date of submission of the final expenditure report.

  6. What is program income in the context of grant management?

    Answer: Revenue earned by the grantee that is directly generated by the grant-supported activity

    Program income is gross income earned by the grantee that is directly generated by a supported activity or earned as a result of the federal award.