CRS DC FINAL PAPER QUESTIONS AND
CORRECT ANSWERS BUNDLED PRACTICE
RESOURCE
●● SD-272- federal cash transaction report
Answer: 1 grant/cooperative agreement
●● ASAP
Automated Standard Application for Payments
Answer: a secure, web-based all electronic payment and information
application that allows federal agencies to choose from three payment
models to fit their financial needs and streamline operations at no charge
to federal agencies and their recipients.
Grant Payment Program: Allows grantee "recipient" organizations to
draw from accounts pre-authorized by federal agencies.
1031/Letter of Credit (LOC) Payment Program: Makes reimbursement
payments to financial agents for financial services performed for either
Fiscal Service or other federal agencies.
Debit Card Payment Program: Allows federal agencies to quickly
provide the flexibility of cash with the added protection of a loadable
debit card in order to reduce liability.
●● SBIR/STTR
,Answer: Requires agencies to give high priority to manufacturing-
related research & development
●● NSF requires institutions to provide training and oversight in the
responsible and ethical conduct of research to which groups?
Answer: undergrads, grad students, postdoc researchers
●● NSF proposals and reporting
Answer: research.gov
●● Overhead rate NIH restricts foreign governments to
Answer: 8%
●● CFR 200.433 Contingency funds
Answer: generally not allowed
request can be made at the award stage pending agency approval as long
as its within CFR and general accounting guidelines
●● A safety data sheet (SDS),[1] material safety data sheet (MSDS), or
product safety data sheet (PSDS)
Answer: an important component of product stewardship, occupational
safety and health, and spill-handling procedures. SDS formats can vary
from source to source within a country depending on national
requirements.
, SDSs are a widely used system for cataloging information on chemicals,
chemical compounds, and chemical mixtures. SDS information may
include instructions for the safe use and potential hazards associated
with a particular material or product. The SDS should be available for
reference in the area where the chemicals are being stored or in use.
There is also a duty to properly label substances on the basis of physico-
chemical, health and/or environmental risk. Labels can include hazard
symbols such as the European Union standard symbols.
●● FAR clause: 2-52.227-7039
Answer: 2 = chapter number
●● Federal Financial Assistance Management Improvement Act (P.L.
106-107)
Answer: enacted in 1999
The purposes of the Act are to (1) improve the effectiveness and
performance of Federal financial assistance programs, (2) simplify
Federal financial assistance application and reporting requirements, (3)
improve the delivery of services to the public, and (4) facilitate greater
coordination among those responsible for delivering the services.
●● Agency that does not fund health research
Answer: NSF
●● Shelby Amendment
CORRECT ANSWERS BUNDLED PRACTICE
RESOURCE
●● SD-272- federal cash transaction report
Answer: 1 grant/cooperative agreement
●● ASAP
Automated Standard Application for Payments
Answer: a secure, web-based all electronic payment and information
application that allows federal agencies to choose from three payment
models to fit their financial needs and streamline operations at no charge
to federal agencies and their recipients.
Grant Payment Program: Allows grantee "recipient" organizations to
draw from accounts pre-authorized by federal agencies.
1031/Letter of Credit (LOC) Payment Program: Makes reimbursement
payments to financial agents for financial services performed for either
Fiscal Service or other federal agencies.
Debit Card Payment Program: Allows federal agencies to quickly
provide the flexibility of cash with the added protection of a loadable
debit card in order to reduce liability.
●● SBIR/STTR
,Answer: Requires agencies to give high priority to manufacturing-
related research & development
●● NSF requires institutions to provide training and oversight in the
responsible and ethical conduct of research to which groups?
Answer: undergrads, grad students, postdoc researchers
●● NSF proposals and reporting
Answer: research.gov
●● Overhead rate NIH restricts foreign governments to
Answer: 8%
●● CFR 200.433 Contingency funds
Answer: generally not allowed
request can be made at the award stage pending agency approval as long
as its within CFR and general accounting guidelines
●● A safety data sheet (SDS),[1] material safety data sheet (MSDS), or
product safety data sheet (PSDS)
Answer: an important component of product stewardship, occupational
safety and health, and spill-handling procedures. SDS formats can vary
from source to source within a country depending on national
requirements.
, SDSs are a widely used system for cataloging information on chemicals,
chemical compounds, and chemical mixtures. SDS information may
include instructions for the safe use and potential hazards associated
with a particular material or product. The SDS should be available for
reference in the area where the chemicals are being stored or in use.
There is also a duty to properly label substances on the basis of physico-
chemical, health and/or environmental risk. Labels can include hazard
symbols such as the European Union standard symbols.
●● FAR clause: 2-52.227-7039
Answer: 2 = chapter number
●● Federal Financial Assistance Management Improvement Act (P.L.
106-107)
Answer: enacted in 1999
The purposes of the Act are to (1) improve the effectiveness and
performance of Federal financial assistance programs, (2) simplify
Federal financial assistance application and reporting requirements, (3)
improve the delivery of services to the public, and (4) facilitate greater
coordination among those responsible for delivering the services.
●● Agency that does not fund health research
Answer: NSF
●● Shelby Amendment
