Regulatory Compliance & Licensing Flashcards
7 cards from real CRA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Regulatory Compliance & Licensing flashcards as text
A university licenses its patented technology to a startup in which the inventor holds equity. What compliance concern must the institution primarily address?
Answer: Financial conflict of interest in both research and technology transfer decisions
When an inventor holds equity in a licensee company, the institution must manage financial conflicts of interest affecting both research objectivity and licensing decisions.
Under the Cost Accounting Standards (CAS), which standard specifically addresses the composition of the cost of money as an element of the cost of capital assets?
Answer: CAS 414
CAS 414 addresses the cost of money as an element of the cost of capital assets under construction, affecting how facilities costs are allocated on federal contracts.
An NSF-funded researcher relocates to a different university mid-grant. What is the primary administrative action required to continue the grant at the new institution?
Answer: A grant transfer (change of grantee organization) must be approved by NSF
Grant transfers require NSF approval to move the award from the original awardee institution to the PI's new institution.
Which requirement under the Research Policy Handbook relates to responsible stewardship and mandates that data supporting federally funded research publications be publicly accessible?
Answer: All of the above represent applicable federal open access requirements
Multiple federal policies — NIH's Public Access Policy, NSF's DMP requirement, and the OSTP memo — collectively mandate public access to federally funded research outputs.
A research administrator notices that a subrecipient is consistently late submitting technical reports. Which monitoring tool under Uniform Guidance is most appropriate to formalize risk mitigation?
Answer: Implementing specific conditions or enhanced oversight per 2 CFR 200.208
2 CFR 200.208 authorizes pass-through entities to impose specific conditions on subrecipients identified as higher-risk to improve performance.
What is the key distinction between a cooperative agreement and a federal grant under the Federal Grant and Cooperative Agreement Act?
Answer: Cooperative agreements involve substantial federal agency involvement in the conduct of the project activity
The Federal Grant and Cooperative Agreement Act distinguishes cooperative agreements from grants by the presence of substantial agency involvement in project execution.
An institution is audited and a questioned cost is identified on a federal grant. Under 2 CFR 200, what is the institution's obligation once a final audit determination finds the cost unallowable?
Answer: Repay the federal agency the disallowed cost amount
When a final determination disallows a cost, the non-Federal entity must repay the disallowed amount to the federal awarding agency.