Day 4: Blocked Party Screening, Grants, New Audit Wps, Global Fund Quiz
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This quiz is to test your ability to understand Blocked party screening (Q's 1-3), Grants min stds(Q's 4-5), New Audit WPs/Global Fund(Q's 6-10). Please choose the best answer.
- 1.What is the purpose of having Blocked party screening?
- A.
To give more work to the Finance staff
- B.
To ensure World Vision does not transact with terrorist groups
- C.
To address an audit finding
- D.
To meet Global Center standards
- 2.All NOs may be required to screen all grant expenditures over?
- A.
5,000 USD
- B.
50,000 USD
- C.
100,000 USD
- D.
25,000 USD
- 3.Who should World Vision screen? (there may be more than one correct answer)
- A.
All vendors and payees over 5,000USD
- B.
All employees, current and potential
- C.
All contractors and consultants
- D.
All Board members
- 4.In World Vision, ________ are given the special status among all forms of donor funding.
- A.
Sponsorship Projects
- B.
Grants
- C.
The National office
- D.
Microfinance projects
- 5.Global Fund is exposed to peculiar (unique) risks, except for:
- A.
No country offices
- B.
Operates through Local Fund Agents
- C.
Procurement
- D.
Training program, Medical drugs purchase
- 6.The Global Fund is currently seeking total refund of USD 44 million from various countries. Out of this, fraudulent expenses comprise _________________
- A.
USD 15 million
- B.
USD 13 million
- C.
USD 11 million
- D.
USD 3 million
- 7.Grant funding carry lesser risk when compared with the sponsorship funding for NGO like World Vision
- A.
True
- B.
False
- 8.DFID grant funding is disbursed by the Government of _________________
- A.
United States of America
- B.
United Kingdom
- C.
Germany
- D.
Australia
- 9.The Global Fund was created in the year ______________
- A.
2000
- B.
2001
- C.
2002
- D.
2003
- 10.The Global Fund has provided grants for dealing with HIV / AIDS in _________________ number of countries.
- A.
Approximately 100 countries
- B.
Approximately 75 countries
- C.
Approximately 65 countries
- D.
Approximately 35 countries
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