CRA - PRACTICE EXAM QUESTIONS
WITH 100% CORRECT ANSWERS |
LATEST VERSION 2025/2026.
Who uses eBRAP for proposal submissions - ANS DOD
SD-272- federal cash transaction report - ANS 1 grant/cooperative agreement
ASAP
Automated Standard Application for Payments - ANS 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 - ANS Requires agencies to give high priority to manufacturing-related research &
development
1 | Page @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, NSF requires institutions to provide training and oversight in the responsible and ethical
conduct of research to which groups? - ANS undergrads, grad students, postdoc researchers
NSF proposals and reporting - ANS research.gov
Overhead rate NIH restricts foreign governments to - ANS 8%
CFR 200.433 Contingency funds - ANS 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) - ANS 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 - ANS 2 = chapter number
Federal Financial Assistance Management Improvement Act (P.L. 106-107) - ANS 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.
2 | Page @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
WITH 100% CORRECT ANSWERS |
LATEST VERSION 2025/2026.
Who uses eBRAP for proposal submissions - ANS DOD
SD-272- federal cash transaction report - ANS 1 grant/cooperative agreement
ASAP
Automated Standard Application for Payments - ANS 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 - ANS Requires agencies to give high priority to manufacturing-related research &
development
1 | Page @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, NSF requires institutions to provide training and oversight in the responsible and ethical
conduct of research to which groups? - ANS undergrads, grad students, postdoc researchers
NSF proposals and reporting - ANS research.gov
Overhead rate NIH restricts foreign governments to - ANS 8%
CFR 200.433 Contingency funds - ANS 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) - ANS 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 - ANS 2 = chapter number
Federal Financial Assistance Management Improvement Act (P.L. 106-107) - ANS 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.
2 | Page @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
