CRA Session 2 Uniform Guidance Exam Questions & Answers 2024/2025
Uniform Guidance - ANSWERS* The uniform guidance streamlines and supersedes guidance that was previously contained in 8 different OMB circulars.
* Federal Funding agencies have been required to implement the Uniform Guidance....
Uniform Guidance - ANSWERS* The uniform guidance streamlines and supersedes guidance that was
previously contained in 8 different OMB circulars.
* Federal Funding agencies have been required to implement the Uniform Guidance.
* Included in the new guidance are definitions, uniform administrative requirements (both pre- and post-
award), cost principles, and audit requirements.
* From the university perspective, the Uniform Guidance will supersede OMB Circulars A-11-, A-21, and
A-133
What the Cost Principles do - ANSWERS* Set uniform standards for costs.
* Requires that costs be allowable, allocable, reasonable, necessary, consistent and permissible.
* Identifies direct costs and indirect costs.
* Determination of F&A cost rates.
* Identifies unallowable costs:
- Alcoholic beverages
- Entertainment
- Fundraising expenses
- Lobbying
- Alumni Activities
, - Bad debt
What the Administrative Requirements do (formerly A-110) - ANSWERS* Pre-Award Requirements
- Policies
- Debarment and Suspension
- Special Award Conditions
* Post-Award Requirements
- Financial and Program Management
- Property and Procurement Standards
- Termination and Enforcement
* After-the Award Requirements
- Closeout Procedures
- Continuing Responsibilities
- Collection of Amounts Due
In what section of the Federal Register is the Uniform Guidance located? - ANSWERS2 CFR 200
Uniform Guidance Subpart A - ANSWERS200.1-99, Acronyms and Definitions
Uniform Guidance Subpart B - ANSWERS200.100-199, General Provisions
Uniform Guidance Subpart C - ANSWERS200.200-299, Pre-Award Requirements and Contents of Federal
Awards
Uniform Guidance Subpart D - ANSWERS200.300-399, Post Federal Award Requirements
Uniform Guidance Subpart E - ANSWERS200.400-499, The Cost Principles
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