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CRA Study Group Recap Jeopardy CFRManagementProblemsMisc. Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Contracts/ Purchasing.

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Presentation on theme: "CRA Study Group Recap Jeopardy CFRManagementProblemsMisc. Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Contracts/ Purchasing."— Presentation transcript:


2 CRA Study Group Recap

3 Jeopardy CFRManagementProblemsMisc. Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Contracts/ Purchasing

4 $100 Question from H1 2 CFR 220

5 $100 Answer from H1 Cost Principles for Educational Institutions (OMB Circular A-21)

6 $200 Question from H1 2 CFR 230

7 $200 Answer from H1 Cost Principles for Non-Profit Organizations (OMB Circular A-122)

8 $300 Question from H1 Uniform Administrative Requirements for Grants and Other Agreements with Institutions of Higher Education, Hospitals and Other Non-Profit Organizations

9 $300 Answer from H1 2 CFR 215 (OMB Circular A-110)

10 $400 Question from H1 48 CFR

11 $400 Answer from H1 Title 48 - Federal Acquisition Regulations (FAR) System

12 $500 Question from H1 45 CFR 46

13 $500 Answer from H1 Title 45 – Public Welfare Part 46 – Protection of Human Subjects

14 $100 Question from H2 An association of research universities located in the District of Columbia. Since its inception in 1948, the organization has been continuously involved in the development of all major financial and administrative aspects of federally-funded research.

15 $100 Answer from H2 Council on Governmental Relations (COGR)

16 $200 Question from H2 An employee reporting sexual harassment in the workforce should be….

17 $200 Answer from H2 Immediately referred to the appropriate institutional representative

18 $300 Question from H2 According to the Contract Work Hours and Safety Standards Act, a regular workweek without overtime would have this many hours.

19 $300 Answer from H2 40 CWHSSA applies to federal service contracts and federal and federally assisted construction contracts over $100,000.

20 $400 Question from H2 This prohibits a contractor or subcontractor from in any way inducing an employee to give up any part of the compensation to which he or she is entitled under his or her contract and requires contractors and subcontractors on certain federally funded construction contracts to submit weekly statements of compliance.

21 $400 Answer from H2 The Copeland Anti-Kickback Act

22 $500 Question from H2 This internal control process is used to prevent occupational fraud in the form of asset misappropriation and intentional financial misstatement.

23 $500 Answer from H2 Separation (or segregation) of duties

24 $100 Question from H3 A mechanism for procurement of a product or service with specific obligations for both sponsor and recipient.

25 $100 Answer from H3 Contract

26 $200 Question from H3 Funds that have been set aside or "claimed" for projected expenses pending actual expenditure of the funds.

27 $200 Answer from H3 Encumbrance

28 $300 Question from H3 Established by Congress in 1974 to provide overall direction for government-wide procurement policies, regulations and procedures and to promote economy, efficiency, and effectiveness in acquisition processes.

29 $300 Answer from H3 Office of Federal Procurement Policy (OFPP)

30 $400 Question from H3 The amounts of orders placed, contracts and grants awarded, services received and similar transactions during a given period that require payment by the recipient during the same or a future period.

31 $400 Answer from H3 Obligations

32 $500 Question from H3 An anti-lobbying certification is required on federal grants, cooperative agreements, and contracts exceeding a MINIMUM of…

33 $500 Answer from H3 $100,000 Byrd Anti-Lobbying Amendment

34 $100 Question from H4 An investigator on an NSF grant has permission to rebudget $50,000 in equipment funds to participant support costs. If the institution's F&A rate (based on MTDC) is 54%, how much money will be available for participant support costs?

35 $100 Answer from H4 $50,000 Neither equipment nor participant support costs are assessed F&A based on MTDC.

36 $200 Question from H4 An institution has a federally negotiated indirect cost rate of 40%. A research project is budgeted at $125,000 in direct costs including a $25,000 piece of equipment. What is the total cost for the project?

37 $200 Answer from H4 $165,000 $100,000 MTDC ($125K - $25K equip) x 40% F&A $ 40,000 indirect costs $125,000 TDC + $40,000 IDC

38 $300 Question from H4 The amount of F&A requested by an organization with a 50% F&A rate based on Modified Total Direct Costs (MTDC) on a project requesting $25,000 in salaries, $2,000 in travel, $75,000 for a subcontract, and $3,000 in tuition costs?

39 $300 Answer from H4 $26,000 $25,000 salary $ 2,000 travel $25,000 subcontract (1 st $25K only) $ 0 tuition $52,000 MTDC x 50% F&A $26,000

40 $400 Question from H4 What is the F&A that will be charged to the sponsor if you have direct costs of $100,000, a $25,000 piece of equipment, an F&A rate of 50% modified total direct cost, with the sponsor limiting your F&A to 10% of total direct cost?

41 $400 Answer from H4 $10,000 F&A will be charged on total direct costs of $100,000 because the sponsor is capped the F&A rate at 10%.

42 $500 Question from H4 Dr. Greens award has $300,000 available in total costs. Of the total costs there is $5,000 in equipment; $15,000 for sub; $50,000 for another sub. The F&A rate is 20%. What is the MTDC?

43 $500 Answer from H4 $270,000 $300,000 total costs - $5,000 equipment - $25,000 of 2 nd subcontract $270,000 MTDC

44 $100 Question from H5 A law encouraging universities and researchers to develop their inventions into marketable products.

45 $100 Answer from H5 Bayh-Dole Act

46 $200 Question from H5 Online interface for conducting transactions for the receipt, review, monitoring, and administration of NIH grant awards.

47 $200 Answer from H5 eRA Commons eRA-Electronic Research Administration

48 $300 Question from H5 The operating authorities provided to grantees under certain research grant mechanisms that waive the requirement for prior approval for specified actions.

49 $300 Answer from H5 Expanded Authorities

50 $400 Question from H5 An association of federal agencies, academic research institutions with administrative, faculty and technical representation, and research policy organizations that work to streamline the administration of federally sponsored research.

51 $400 Answer from H5 Federal Demonstration Partnership (FDP)

52 $500 Question from H5 This training program should include instruction in ethics, conflict of interest, responsible authorship, policies to handle misconduct, data management, and human and animal subject policies.

53 $500 Answer from H5 RCR – Responsible Conduct of Research

54 Final Jeopardy A prospective biomedical or behavioral research study of human subjects that is designed to answer specific questions about biomedical or behavioral interventions (drugs, treatments, devices, or new ways of using known drugs, treatments, or devices).

55 Final Jeopardy Answer Clinical trial

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