Form Approved
OMB No. 4040-
Exp. Date XX/XX/20XX
Draft as of 05/23/2016
DATA Act Program Management Office (DAP) Learn Grants Knowledge Quiz Question Bank |
Question Bank – Knowledge quizzes will be comprised of 10 of the following questions:
Please select the best answer for the questions stated below:
Grant Fraud
The following instances would be strong indicators of grant fraud except:
You receive a message informing that you are eligible to receive a government grant for which you had not applied.
You are contacted by an individual claiming to work for the Federal Bureau of Grant Awards.
As a sub-recipient, you are being requested to submit supporting documentation directly to the Prime on the award.
You are notified that in order to obtain the grant, you will need to pay a small fee.
The Catalog for Federal Domestic Assistance (CFDA) uses social media and direct phone contact to solicit, review, or make awards.
True
False
Grant Reporting
All of the following are types of grant oversight except?
Site Visits and Technical Assistance
Audits
Progress Reports
Review of Funding Opportunity Announcements
Sub-awardees report data directly to the Federal grant-making agencies via the FFATA Sub-award Reporting System (FSRS).
True
False
Grant Systems
In order to receive an award, applying entities must register in the System for Award Management (SAM).
True
False
Which of the following is a database containing information about all federal assistance programs available to applicants?
Grant Eligibility
Which of the following Government Organizations are eligible to receive grants?
State Governments
Special District Governments
Native American Tribal Governments
All of the above
In order for a company to be awarded a U.S. Small Business Administration (SBA) small business grant, it must meet the size standards established by the SBA.
True
False
Grant Policies
The Digital Accountability and Transparency Act of 2014, also called the DATA Act, expands on the Federal spending transparency reforms that began with which of the following legislations?
The Federal Funding Accountability and Transparency Act of 2006 (FFATA)
The Recovery Act (2009)
The Grants Oversight and New Efficiency (GONE) Act (2015)
The Lobby Disclosure Act (1995)
The Office of Management and Budget’s (OMB) Uniform Guidance provides a government-wide framework for grants management.
True
False
Grants 101
Your organization has just received the Notice of Award for a new grant. What phase of the grants cycle are you in?
Pre-Award Phase
Post Award Phase
Reporting Phase
Award Phase
The Notice of Award (NOA) is the official legally binding issuance a federal award.
True
False
The Single Audit of a recipient’s Federal expenditures is submitted to the Federal Audit Clearinghouse (FAC).
True
False
What is the threshold of Federal expenditures in a recipient’s fiscal year that triggers the requirement for the Single Audit?
$250,000 and above
$500,000 and above
$750,000 and above
$1,000,000 and above
When is a grant officially considered closed?
On the last day of the Period of Performance
When the last payment is made by the Federal Government
When final expenses are reconciled against the final drawdown
When the Federal awarding agency has confirmed that the award recipient has completed the closeout process
How long should an entity retain their grant records after the final expenditure report, under normal circumstances?
6 months
1 year
2 years
3 years
When must grantees submit all final financial, performance, and other reports to the awarding agency following the grant expiration date, unless explicitly stated otherwise?
30 days after grant award expires or is terminated
60 days after grant award expires or is terminated
90 days after grant award expires or is terminated
120 days after grant award expires or is terminated
Which system does an organization NOT need to register an account to apply for a grant?
Dun & Bradstreet (DUNS)
System of Award Management (SAM)
Grants.gov
Common Data Element Repository Library (CDER Library)
The Pre-Award Phase does NOT include which of the following:
Announcing Opportunities
Submitting Applications
Reviewing Applications
Distributing the Notice of Award
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