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Free CRA Exam Braindumps (page: 7)

Page 7 of 61
PDF with 240 Questions

An unilateral award is an award that has been made by a sponsor to an organization:

  1. after considering at least 2 competitive proposals.
  2. after considering at least 3 competitive proposals.
  3. after considering at least 4 competitive proposals.
  4. without considering any competitive proposals.
  5. None of the choices.

Answer(s): D

Explanation:

An unilateral award is an award that has been made by a sponsor to an organization without considering any competitive proposals. This kind of awards is most often employed when unsolicited proposals are receiving favorable treatment. Unsolicited Proposals are those proposals submitted that are not in response to an RFP, RFA, or program announcement.



An unilateral award is most often employed:

  1. when unsolicited proposals are receiving favorable treatment.
  2. when unsolicited proposals are not receiving favorable treatment.
  3. None of the choices.

Answer(s): A

Explanation:

An unilateral award is an award that has been made by a sponsor to an organization without considering any competitive proposals. This kind of awards is most often employed when unsolicited proposals are receiving favorable treatment. Unsolicited Proposals are those proposals submitted that are not in response to an RFP, RFA, or program announcement.



Which of the following refer to those proposals submitted that are not in response to an RFP, RFA, or program announcement?

  1. Solicited Proposals
  2. Unsolicited Proposals
  3. Check Proposals
  4. Uncompetitive Proposals
  5. None of the choices.

Answer(s): B

Explanation:

An unilateral award is an award that has been made by a sponsor to an organization without considering any competitive proposals. This kind of awards is most often employed when unsolicited proposals are receiving favorable treatment. Unsolicited Proposals are those proposals submitted that are not in response to an RFP, RFA, or program announcement.



Which of the following are simply funds that have been set aside for projected expenses pending actual expenditure of the funds?

  1. Incremental Funds
  2. Encumbrance Funds
  3. Direct Funds
  4. Indirect Funds
  5. Matching Funds
  6. None of the choices.

Answer(s): B

Explanation:

Encumbrance Funds are simply funds that have been set aside for projected expenses pending actual expenditure of the funds. Incremental Funding is a method of funding contracts which provides specific spending limits below the total estimated costs, that these limits may be exceeded ONLY at the contractor's own risk. With Incremental Funding, each increment is in essence a funding action.



Page 7 of 61



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M.O.69 commented on December 08, 2022
I am proud to say that I passed my exam today.
UNITED STATES
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Sabrina commented on November 23, 2021
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CANADA
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