CRA EXAM PRACTICE QUESTIONS WITH ALL CORRECT &
100% VERIFIED ANSWERS|LATEST UPDATE|ALREADY
GRADED A+
Who uses eBRAP for proposal submissions ✔Correct Answer-DOD
SD-272- federal cash transaction report ✔Correct Answer-1 grant/cooperative agreement
ASAP
Automated Standard Application for Payments ✔Correct 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 ✔Correct 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? ✔Correct Answer-undergrads, grad students, postdoc researchers
NSF proposals and reporting ✔Correct Answer-research.gov
Overhead rate NIH restricts foreign governments to ✔Correct Answer-8%
CFR 200.433 Contingency funds ✔Correct 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)
✔Correct 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 ✔Correct Answer-2 = chapter number
, Federal Financial Assistance Management Improvement Act (P.L. 106-107) ✔Correct 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 ✔Correct Answer-NSF
Shelby Amendment ✔Correct Answer-require Federal awarding agencies to ensure that all data
produced under an award will be made available to the public through the procedures established
under the Freedom of Information Act
permits members of the public to gain access to research data generated through the use of public
funds
Correct order of regulatory process - starting with lowest level of control ✔Correct Answer-laws
program regulations
administrative requirements
special terms and conditions
If a sub recipient is included in approved budget ✔Correct Answer-applicant needs prior approval
for the need to obtain the identified services from a third party
CFDA is a listing of ✔Correct Answer-federal grant programs
Challenge Grant ✔Correct Answer-funds disbursed upon completion of the challenge
requirements
The challenge refers to the actions or results that must be achieved before money is released &
usually involves substantial effort, so that the recipients know that they are helping themselves
through their own hard work & sacrifice
Spotlight the recipient organization & provide an endorsement from a well-known entity
Help other donors feel that their money goes farther.
Enable the recipient to honor & reward the entity that issued the challenge grant
Provide the maker the opportunity to garner positive publicity with a notably large funding amount
they may avoid parting with
A typical requirement is similar to matching funds where funds be raised or acquired from other
sources following a stated matching factor, often 2:1, 3:1 or 4:1. For example, a $1,000 challenge
grant with a 3:1 match would require the recipient to raise $3,000 before they would receive the
$1,000 grant. The challenge could require a new solution to an existing problem that had been
ignored.
There could be additional requirements specified that could be virtually anything, from program
certification to member participation.
Usually a fixed upper limit plus a challenge minimum
Examples of indirect cost rate bases ✔Correct Answer-modified total direct cost
salaries and wages
salaries and wages + fringe
Conflict of Commitment ✔Correct Answer-when the eternal activities of an employee are so
substantial or demanding of the staff member's time and attention as to interfere with his/her
responsibilities to the unit to which the individual is assigned or to the University
100% VERIFIED ANSWERS|LATEST UPDATE|ALREADY
GRADED A+
Who uses eBRAP for proposal submissions ✔Correct Answer-DOD
SD-272- federal cash transaction report ✔Correct Answer-1 grant/cooperative agreement
ASAP
Automated Standard Application for Payments ✔Correct 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 ✔Correct 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? ✔Correct Answer-undergrads, grad students, postdoc researchers
NSF proposals and reporting ✔Correct Answer-research.gov
Overhead rate NIH restricts foreign governments to ✔Correct Answer-8%
CFR 200.433 Contingency funds ✔Correct 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)
✔Correct 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 ✔Correct Answer-2 = chapter number
, Federal Financial Assistance Management Improvement Act (P.L. 106-107) ✔Correct 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 ✔Correct Answer-NSF
Shelby Amendment ✔Correct Answer-require Federal awarding agencies to ensure that all data
produced under an award will be made available to the public through the procedures established
under the Freedom of Information Act
permits members of the public to gain access to research data generated through the use of public
funds
Correct order of regulatory process - starting with lowest level of control ✔Correct Answer-laws
program regulations
administrative requirements
special terms and conditions
If a sub recipient is included in approved budget ✔Correct Answer-applicant needs prior approval
for the need to obtain the identified services from a third party
CFDA is a listing of ✔Correct Answer-federal grant programs
Challenge Grant ✔Correct Answer-funds disbursed upon completion of the challenge
requirements
The challenge refers to the actions or results that must be achieved before money is released &
usually involves substantial effort, so that the recipients know that they are helping themselves
through their own hard work & sacrifice
Spotlight the recipient organization & provide an endorsement from a well-known entity
Help other donors feel that their money goes farther.
Enable the recipient to honor & reward the entity that issued the challenge grant
Provide the maker the opportunity to garner positive publicity with a notably large funding amount
they may avoid parting with
A typical requirement is similar to matching funds where funds be raised or acquired from other
sources following a stated matching factor, often 2:1, 3:1 or 4:1. For example, a $1,000 challenge
grant with a 3:1 match would require the recipient to raise $3,000 before they would receive the
$1,000 grant. The challenge could require a new solution to an existing problem that had been
ignored.
There could be additional requirements specified that could be virtually anything, from program
certification to member participation.
Usually a fixed upper limit plus a challenge minimum
Examples of indirect cost rate bases ✔Correct Answer-modified total direct cost
salaries and wages
salaries and wages + fringe
Conflict of Commitment ✔Correct Answer-when the eternal activities of an employee are so
substantial or demanding of the staff member's time and attention as to interfere with his/her
responsibilities to the unit to which the individual is assigned or to the University
