CGMS Exam Solved Correctly
Subpart A - Acronyms and Definitions - Answer-
Subpart B - General Provisions - Answer- Applicability
Exceptions
Federal Agency Implementation
Conflict of Interest and Mandatory Disclosures
Subpart C - Pre- Award Reqts and Contents of Fed' Awards - Answer- Purpose and
Highlights
Fixed Amount Awards
Notice of Funding Opportunities
Application
Merit Based Review
Risk Posed by the Applicant/Risk Assessment
Cost Analysis
Specific Conditions
Certifications and Award Notice
Subpart D - Post Award Requirements - Answer- Internal Controls
Performance Measurement
Financial Management of a Grant
Payment
Cost Sharing or Matching
Program Income
Revision of Budget and Program Plans
Property Standards
Procurement Standards
Performance and Financial Monitoring
Subrecipient Monitoring
Record Retention
Remedies for Noncompliance
Closeout and Post Close Out Requirements
Subpart E - Cost Principles - Answer- Basic Considerations
Factors affecting Allowability
Prior Written Approval
Limitations on the Allowance of Cost
Cost Principles Continued
Special Considerations
Classification of Cost
Indirect Cost Rate Proposal/De Minimis Rate
Subpart F - Audit Requirements - Answer- Types of Audits
Subpart A - Acronyms and Definitions - Answer-
Subpart B - General Provisions - Answer- Applicability
Exceptions
Federal Agency Implementation
Conflict of Interest and Mandatory Disclosures
Subpart C - Pre- Award Reqts and Contents of Fed' Awards - Answer- Purpose and
Highlights
Fixed Amount Awards
Notice of Funding Opportunities
Application
Merit Based Review
Risk Posed by the Applicant/Risk Assessment
Cost Analysis
Specific Conditions
Certifications and Award Notice
Subpart D - Post Award Requirements - Answer- Internal Controls
Performance Measurement
Financial Management of a Grant
Payment
Cost Sharing or Matching
Program Income
Revision of Budget and Program Plans
Property Standards
Procurement Standards
Performance and Financial Monitoring
Subrecipient Monitoring
Record Retention
Remedies for Noncompliance
Closeout and Post Close Out Requirements
Subpart E - Cost Principles - Answer- Basic Considerations
Factors affecting Allowability
Prior Written Approval
Limitations on the Allowance of Cost
Cost Principles Continued
Special Considerations
Classification of Cost
Indirect Cost Rate Proposal/De Minimis Rate
Subpart F - Audit Requirements - Answer- Types of Audits
