Which of the following refers to the rate expressed as a percentage of a base amount that is established by negotiation with the cognizant federal agency on the basis of projected costs?
Answer(s): B
Allocable Costs are those allowable costs that can benefit the grant or contract to which they are being charged. On the other hand, allowable costs are costs that can be legitimately charged to a grant. An award refers to those funds that have been obligated by a funding agency for a specific project. Indirect Cost Rate refers to the rate expressed as a percentage of a base amount that is established by negotiation with the cognizant federal agency on the basis of projected costs.
Which of the following describes the act of conducting research administration through utilizing various types of electronic resources?
Answer(s): A
Electronic Research Administration (ERA) describes the act of conducting research administration through utilizing various types of electronic resources, such as the Internet and the world wide web.
ERA does not refer to conducting research administration through utilizing the Internet.
Which of the following refers to an Internet grants management portal which serves the grantee organization community?
Federal Commons is an Internet grants management portal which serves the grantee organization community. This portal acts as a common face of the government for offering ALL grantees (including state and local governments, universities, and even small businesses) full service grants processing across all functions in the grant life cycle. It provides both public information and the secure processing of e-grant transactions.
Federal Commons is never intended for which of the following kinds of grantees?
Answer(s): E
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