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Grant Compliance Flashcards | StudBud

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Grant Compliance

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U.S. Dept. of Education grant complaince

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Questions 10

Answers

1
Which of the following is NOT an abbreviation for the Elementary and Secondary Education Act?
NCLB
ECAA
ESEA
CORE
2
OMB stands for ________
Office of Maker Bots
Office of Management of Budgets
Office of Management and Budget
Office of Material Budets
3
What is the dollar threshold for a Sub-recipient to be monitored by the US Dept. of Education?
$750,000/year
There is no financial threshold
$500,000/year
$750/year
4
What is not a cost requirement for the grant?
Necessary
Reasonable
Allocable
Allowable
5
What does EDGAR stand for?
Education Department generic advisory regulations
Education Department general administrative regulations
Education Department general administrative requirements
Education Department general advisory requrements
6
Which is NOT a requirement to be on a school board?
Resides in the school district
Intelligence
Over 21
Not an employee of the district
7
What is the best way to be compliant?
Call Joanna with questions
Have proper financial documentation
All of the answers
Get your reimbursement requests in on time
8
What is the 4th Law of Thermodynamics?
Law of Conservation of Energy
Entropy increases with thermal equilibrium
There is no 4th Law of Thermodynamics
Entropy remains constant at Absolute Zero
9
LEA stands for _____
Local Education Advisory
Local Education Association
Local Engineering Association
Local Education Authority
10
Why do we have to comply with all of the grant requirements?
It's a NICE THING TO DO
Joanna will yell at me if I don't
We like the $$$$
It's the RIGHT THING TO DO