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

2 CFR Part 200, also known as the Uniform Guidance, consolidates grant management requirements for all federal awards to non-federal entities.

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

A drawdown schedule ensures grantees request funds only as needed to cover imminent expenses, minimizing the time between receipt and disbursement.

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

Budget modifications that exceed the agency-specified threshold require prior written approval from the awarding agency before funds can be redirected.

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

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.

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

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.

Grant Writing Practice Test

Grant Writing Practice Test

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