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WorksheetsM13_ Research (1)
Total questions: 11
Worksheet time: 30mins
A legal agreement where a sponsor purchases services to carry out a project.
contract
grant
The duration of the project, start to finish as agreed upon
Inception to Date
Residual
Period of Performance
Year to Date
This is Virginia Tech's portion of a projects cost. It is considered a real cost, but it is only allowed IF the sponsor required it.
Direct Cost
Indirect Cost
Cost Share
SELECT ALL THAT APPLY: A purchase on a sponsored project MUST be...
reasonable
necessary
allocable and verifiable
allowable under regulations
consistent with project guidelines and within the time frame of the project
These funds are created to accept the cost of items that cannot be charged to a project. This could include facilities, administrative functions to support the project, or supplies. This is calculated from the Federal Rate Agreement by the Office of Naval Research.
Direct Cost
Indirect Cost
Cost Share
What system is designed to allow OSP PAN Requests to be submitted by Post Award Administrators to the Processors for review and entry, as well as provide a location for PIs, Fund Managers and Business Managers to view and review PANs?
Pan Distribution
Summit
Research Financials
Cayuse-454
How long do financial records have to be retained on a sponsored project based on the Records Retention Policy?
2 years
3 years
4 years
5 years
This team of associates expedites the set-up of new grants, cooperative agreements and contracts which have standard terms and conditions that do not require negotiation with the sponsor before acceptance.
Pre-Award
Contracts
Post- Award
Compliance
This team strive to provide customer friendly support services to faculty and staff preparing and submitting research proposals to a wide array of external sponsors.
Pre-Award
Contracts
Post-Award
Compliance
This team of associates offers expertise in financial accounting and contract administration and serves as a liaison with academic departments and sponsors, pre-award, the Controller’s Office, and Procurement Department.
Pre-Award
Contracts
Post- Award
Compliance
This team monitors all of the financial transactions during a project to make sure they are in compliance with sponsor and university regulations.
Pre-Award
Contracts
Post-Award
Compliance
