CGMS Practice Exam Questions With Correct
Answers
At |closeout, |what |must |recipients |do |regarding |real |property |that |is |no |longer |needed |to |
achieve |the |objective |for |which |it |was |originally |purchased? |- |CORRECT |ANSWER✔✔-Request |
disposition |instructions |from |the |grantor.
Who |is |required |to |submit |financial |and |performance |reports? |- |CORRECT |ANSWER✔✔-
Recipients |during |the |award |periods.
Recipients |may |negotiate |with |the |federal |awarding |agency |about |which |of |the |following |
provisions? |- |CORRECT |ANSWER✔✔-The |transfer |of |funds |among |direct |cost |categories |to |
effect |budget |changes |for |awards
How |may |program |income |be |used |as |specified |in |a |federal |grants |award? |- |CORRECT |
ANSWER✔✔-To |further |eligible |activities |for |that |grant
In |addition |to |the |award |dollar |amount, |what |other |dollar |amount |is |provided |on |the |notice |
of |award? |- |CORRECT |ANSWER✔✔-Non-federal |cost |share
In |the |absence |of |special |conditions, |when |would |exempt |property |be |returned |or |proceeds |
from |the |sale |of |that |property |be |provided |to |the |grantor? |- |CORRECT |ANSWER✔✔-Never
The |federal |recipient |or |subrecipient |shall |make |equipment |available |for |use |on |other |projects
|or |programs |currently |or |previously |supported |by |the |federal |government, |providing |that |
what |condition |applies? |- |CORRECT |ANSWER✔✔-That |equipment |has |been |depreciated |to |an |
amount |less |than |$5,000
Answers
At |closeout, |what |must |recipients |do |regarding |real |property |that |is |no |longer |needed |to |
achieve |the |objective |for |which |it |was |originally |purchased? |- |CORRECT |ANSWER✔✔-Request |
disposition |instructions |from |the |grantor.
Who |is |required |to |submit |financial |and |performance |reports? |- |CORRECT |ANSWER✔✔-
Recipients |during |the |award |periods.
Recipients |may |negotiate |with |the |federal |awarding |agency |about |which |of |the |following |
provisions? |- |CORRECT |ANSWER✔✔-The |transfer |of |funds |among |direct |cost |categories |to |
effect |budget |changes |for |awards
How |may |program |income |be |used |as |specified |in |a |federal |grants |award? |- |CORRECT |
ANSWER✔✔-To |further |eligible |activities |for |that |grant
In |addition |to |the |award |dollar |amount, |what |other |dollar |amount |is |provided |on |the |notice |
of |award? |- |CORRECT |ANSWER✔✔-Non-federal |cost |share
In |the |absence |of |special |conditions, |when |would |exempt |property |be |returned |or |proceeds |
from |the |sale |of |that |property |be |provided |to |the |grantor? |- |CORRECT |ANSWER✔✔-Never
The |federal |recipient |or |subrecipient |shall |make |equipment |available |for |use |on |other |projects
|or |programs |currently |or |previously |supported |by |the |federal |government, |providing |that |
what |condition |applies? |- |CORRECT |ANSWER✔✔-That |equipment |has |been |depreciated |to |an |
amount |less |than |$5,000
