Grant Writing Post-Award Grant Management Questions and Answers Flashcards
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Which federal regulation establishes the Uniform Administrative Requirements for grants awarded to non-federal entities?
Answer: 2 CFR Part 200
2 CFR Part 200, also known as the Uniform Guidance, consolidates grant management requirements for all federal awards to non-federal entities.
What is the primary purpose of a grant drawdown schedule?
Answer: To time the receipt of federal funds to match actual expenditure needs
A drawdown schedule ensures grantees request funds only as needed to cover imminent expenses, minimizing the time between receipt and disbursement.
When a grantee needs to move funds between approved budget categories beyond the allowed threshold, what action is required?
Answer: Submit a budget modification request to the funding agency
Budget modifications that exceed the agency-specified threshold require prior written approval from the awarding agency before funds can be redirected.
What is the standard record retention period for grant-related documents under federal guidelines?
Answer: Three years from submission of the final expenditure report
Under 2 CFR 200.334, grantees must retain financial records and supporting documents for three years from the date of submission of the final expenditure report.
Which of the following best describes a disallowed cost in post-award grant management?
Answer: A charged expense that the auditor or agency determines does not meet allowability criteria
A disallowed cost is any expense charged to a grant that fails to meet the standards of allowability, allocability, or reasonableness under applicable cost principles.
What is the purpose of conducting a sub-recipient monitoring plan?
Answer: To ensure sub-recipients comply with award terms and achieve performance goals
Sub-recipient monitoring ensures that entities receiving pass-through funds comply with federal requirements and make adequate progress toward programmatic objectives.