CRA EXAMS SET: CORE COMPETENCY
VALIDATION WITH FULL SOLUTION AND
COMPLETE SUBJECT MATTER MASTERY
2026
⫸ SD-272- federal cash transaction report. Answer: 1
grant/cooperative agreement
⫸ ASAP
Automated Standard Application for Payments. Answer: a secure,
web-based all electronic payment and information application that
allows federal agencies to choose from three payment models to fit
their financial needs and streamline operations at no charge to federal
agencies and their recipients.
Grant Payment Program: Allows grantee "recipient" organizations to
draw from accounts pre-authorized by federal agencies.
1031/Letter of Credit (LOC) Payment Program: Makes
reimbursement payments to financial agents for financial services
performed for either Fiscal Service or other federal agencies.
Debit Card Payment Program: Allows federal agencies to quickly
provide the flexibility of cash with the added protection of a loadable
debit card in order to reduce liability.
⫸ SBIR/STTR. Answer: Requires agencies to give high priority to
manufacturing-related research & development
,⫸ NSF requires institutions to provide training and oversight in the
responsible and ethical conduct of research to which groups?.
Answer: undergrads, grad students, postdoc researchers
⫸ NSF proposals and reporting. Answer: research.gov
⫸ Overhead rate NIH restricts foreign governments to. Answer: 8%
⫸ CFR 200.433 Contingency funds. Answer: generally not allowed
request can be made at the award stage pending agency approval as
long as its within CFR and general accounting guidelines
⫸ A safety data sheet (SDS),[1] material safety data sheet (MSDS),
or product safety data sheet (PSDS). Answer: an important component
of product stewardship, occupational safety and health, and spill-
handling procedures. SDS formats can vary from source to source
within a country depending on national requirements.
SDSs are a widely used system for cataloging information on
chemicals, chemical compounds, and chemical mixtures. SDS
information may include instructions for the safe use and potential
hazards associated with a particular material or product. The SDS
should be available for reference in the area where the chemicals are
being stored or in use.
There is also a duty to properly label substances on the basis of
physico-chemical, health and/or environmental risk. Labels can
include hazard symbols such as the European Union standard
symbols.
, ⫸ FAR clause: 2-52.227-7039. Answer: 2 = chapter number
⫸ Federal Financial Assistance Management Improvement Act (P.L.
106-107). Answer: enacted in 1999
The purposes of the Act are to (1) improve the effectiveness and
performance of Federal financial assistance programs, (2) simplify
Federal financial assistance application and reporting requirements,
(3) improve the delivery of services to the public, and (4) facilitate
greater coordination among those responsible for delivering the
services.
⫸ Agency that does not fund health research. Answer: NSF
⫸ Shelby Amendment. Answer: require Federal awarding agencies to
ensure that all data produced under an award will be made available
to the public through the procedures established under the Freedom of
Information Act
permits members of the public to gain access to research data
generated through the use of public funds
⫸ Correct order of regulatory process - starting with lowest level of
control. Answer: laws
program regulations
administrative requirements
special terms and conditions
VALIDATION WITH FULL SOLUTION AND
COMPLETE SUBJECT MATTER MASTERY
2026
⫸ SD-272- federal cash transaction report. Answer: 1
grant/cooperative agreement
⫸ ASAP
Automated Standard Application for Payments. Answer: a secure,
web-based all electronic payment and information application that
allows federal agencies to choose from three payment models to fit
their financial needs and streamline operations at no charge to federal
agencies and their recipients.
Grant Payment Program: Allows grantee "recipient" organizations to
draw from accounts pre-authorized by federal agencies.
1031/Letter of Credit (LOC) Payment Program: Makes
reimbursement payments to financial agents for financial services
performed for either Fiscal Service or other federal agencies.
Debit Card Payment Program: Allows federal agencies to quickly
provide the flexibility of cash with the added protection of a loadable
debit card in order to reduce liability.
⫸ SBIR/STTR. Answer: Requires agencies to give high priority to
manufacturing-related research & development
,⫸ NSF requires institutions to provide training and oversight in the
responsible and ethical conduct of research to which groups?.
Answer: undergrads, grad students, postdoc researchers
⫸ NSF proposals and reporting. Answer: research.gov
⫸ Overhead rate NIH restricts foreign governments to. Answer: 8%
⫸ CFR 200.433 Contingency funds. Answer: generally not allowed
request can be made at the award stage pending agency approval as
long as its within CFR and general accounting guidelines
⫸ A safety data sheet (SDS),[1] material safety data sheet (MSDS),
or product safety data sheet (PSDS). Answer: an important component
of product stewardship, occupational safety and health, and spill-
handling procedures. SDS formats can vary from source to source
within a country depending on national requirements.
SDSs are a widely used system for cataloging information on
chemicals, chemical compounds, and chemical mixtures. SDS
information may include instructions for the safe use and potential
hazards associated with a particular material or product. The SDS
should be available for reference in the area where the chemicals are
being stored or in use.
There is also a duty to properly label substances on the basis of
physico-chemical, health and/or environmental risk. Labels can
include hazard symbols such as the European Union standard
symbols.
, ⫸ FAR clause: 2-52.227-7039. Answer: 2 = chapter number
⫸ Federal Financial Assistance Management Improvement Act (P.L.
106-107). Answer: enacted in 1999
The purposes of the Act are to (1) improve the effectiveness and
performance of Federal financial assistance programs, (2) simplify
Federal financial assistance application and reporting requirements,
(3) improve the delivery of services to the public, and (4) facilitate
greater coordination among those responsible for delivering the
services.
⫸ Agency that does not fund health research. Answer: NSF
⫸ Shelby Amendment. Answer: require Federal awarding agencies to
ensure that all data produced under an award will be made available
to the public through the procedures established under the Freedom of
Information Act
permits members of the public to gain access to research data
generated through the use of public funds
⫸ Correct order of regulatory process - starting with lowest level of
control. Answer: laws
program regulations
administrative requirements
special terms and conditions
