Grant Writing Post-Award Grant Management 4

Question 1

A nonprofit receives a federal grant that requires a 25% cash match. If the total project budget is $400,000, how much must the nonprofit contribute?

Accepted Answer

$100,000

Answer

A 25% match on a $400,000 total project budget means the nonprofit must contribute $100,000 ($400,000 × 0.25) in non-federal resources.

Question 2

Which of the following best describes 'effort reporting' in federally funded research grants?

Accepted Answer

Documenting the proportion of an employee's time devoted to grant-funded activities

Answer

Effort reporting certifies the percentage of each employee's professional effort spent on a specific grant, which is required to justify personnel costs charged to the award.

Question 3

Under Uniform Guidance, what is the threshold above which equipment must be tracked in a property inventory system?

Accepted Answer

$5,000

Answer

2 CFR 200.1 defines equipment as tangible personal property having a useful life of more than one year and a per-unit acquisition cost of $5,000 or more, requiring formal property management.

Question 4

A grantee needs to change the project scope significantly. What must they do before making the change?

Accepted Answer

Obtain prior written approval from the federal awarding agency

Answer

Significant changes in project scope are among the actions that require prior written approval from the awarding agency to ensure the change is consistent with the grant's objectives.

Question 5

What is a 'carryover' in federal grant management?

Accepted Answer

Moving unspent funds from one budget period to the next with funder authorization

Answer

Carryover is the authorized transfer of unobligated funds remaining at the end of one budget period into the next budget period to continue approved activities.

Grant Writing Practice Test

Grant Writing Practice Test

Grant Writing Post-Award Grant Management 4