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CGMS Exam Solved Correctly

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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

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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

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