10 free, exam-style Certified Grants Management Specialist (CGMS) practice questions with answers and explanations. No signup required. Work through them below, then take the full free CGMS practice test to study every exam domain.
These 10 free CGMS questions are organized by exam domain, so you can see how each part of the Certified Grants Management Specialist blueprint is tested. Reveal the answer and explanation under each question.
A federal agency plans to fund a community health initiative and expects to be actively involved in programmatic decision-making throughout the project. The MOST appropriate funding instrument for this arrangement is a:
Correct answer: A - Cooperative agreement
A subrecipient's internal travel policy allows a higher per diem rate than the rate established in the federal award terms and conditions. When charging travel costs to the federal award, the subrecipient must follow:
Correct answer: B - The more restrictive of the two rates
A state agency receives a federal education grant and engages a local nonprofit to recruit eligible families and deliver tutoring services to students in underserved communities. The nonprofit has discretion in selecting participants and determining service delivery methods. Under 2 CFR Part 200, the nonprofit is MOST appropriately classified as a:
Correct answer: A - Subrecipient
When issuing a subaward, a pass-through entity discovers the subrecipient has never received federal funding, has recently hired a new finance director, and had a qualified opinion on its most recent financial audit. Under 2 CFR Part 200, the pass-through entity's FIRST action should be to:
Correct answer: C - Evaluate the subrecipient's risk of noncompliance and adjust monitoring accordingly
A pass-through entity receives a subrecipient's single audit report containing findings related to the federal award. Under 2 CFR Part 200, the pass-through entity must issue a management decision on those findings within:
Correct answer: D - 12 months of receiving the audit report
A grant-funded program coordinator purchases a $45 bottle of wine to serve at a working dinner with community partners to discuss project outcomes. The coordinator argues the dinner had a clear programmatic purpose. Under 2 CFR Part 200, this cost is:
Correct answer: A - Unallowable, because alcoholic beverages are prohibited regardless of purpose
A small nonprofit receiving its first federal award has never negotiated an indirect cost rate with a federal agency. Under the current Uniform Guidance, the organization may elect to charge indirect costs at:
Correct answer: C - 15% of modified total direct costs
A nonprofit's federal grant has the following direct costs: $200,000 in salaries and fringe benefits, $30,000 in travel, $18,000 in equipment, $20,000 in participant support costs, and an $80,000 subaward. Using the de minimis rate of 15% of MTDC, the allowable indirect cost recovery is:
Correct answer: C - $42,000
At the end of a federal award, a recipient has a piece of equipment originally purchased with grant funds for $50,000. The equipment has a current fair market value of $8,000. Under 2 CFR Part 200, the recipient:
Correct answer: D - May retain, sell, or dispose of it with no further obligation
A federally funded job training program reports that 300 participants completed the 12-week course during the first year. In a logic model framework, this figure represents a(n):
Correct answer: B - Output
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