Sample Test 5

1.  Under a federal contract, which of the following is a reason for termination for default?

a. Untimely performance

b. Budget revision

c. Cost overruns

d. Inadequate performance on another contract

2.  State and local governments are subject to which of the following OMB Circulars?

a. 2 CFR 220 (A-21)

b. A-102

c. 2 CFR 230 (A-122

d. A-133

3. "Just in time" initiatives postpone the submission of which of the following items until a decision to make an award is reached?

a. Full proposal

b. Budget justification

c. Certifications and representations.

d. Research background of principal investigator.

4. The National Institutes of Health requires a written description of a program for providing instruction in the responsible conduct of research for:

 a. program project grants.

 b. competing research project grants.

 c. noncompeting research project grants.

 d. Institutional National Research Service Awards

5. A facilities and administrative cost (indirect cost) may be a direct cost if:

a. it meets the definition of allocable.

b. "unlike circumstances" are present.

c. normally allowable on federal or federal flow-through awards.

d. the award activities are like those generally charged as facilities and administrative costs (indirect costs)

6. Standards for handling radioactive materials are developed and  monitored by the

a. Nuclear Regulatory Commission.

b. Environmental Protection Agency.

c. Centers for Disease Control and Prevention

d. Occupational Safety  and Health Administration.

7. Which of the following is essential to a Chemical Hygiene Plan?
a. Material Safety Data Sheet (MSDS) file

b. Monthly fire and safety drills

c. Public information program

d. Federal Food and Dru Administration inspection

8. In the event of a cost overrun by a subcontractor, who would be held responsible by the funding source?

a. Subcontractor only.

b. Prime contractor only.

c. Project director and subcontractor

d. Project director and prime contractor

9. Which of the following information must be included in the notification by a federal officer to the contractor to terminate a contract for convenience?

a. Signature of program officer

b. The effective date of the contract

c. A citation of the contract clause authorizing the termination

d. a  specific statement defining the reason for the termination notice

10. Cost Accounting Standards (CAS) must be applied to awards

a.  without federal funding

b. received from any funding source

c. for  federal contracts over $500,000.

d. For all federal awards covered by CFR 230 (OMB Circular A-122)

ANSWERS:

1. a;  2. b; 3. c.; 4. d; 5. a; 6. a. 7. a.; 8. d.; 9. c; 10. c.