At What Amount Would the Percentage of Coverage Rule Be

question 19

Multiple Choice

At what amount would the percentage of coverage rule be exceeded if the total of major federal programs was $7,000,000 for an auditee who is not low risk?

• A) $7,000,000.
• B) $17,500,000.
• C) $21,000,000.
• D) $35,000,000.

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Definitions:

Accommodating Style

A conflict resolution approach where one party gives in to the wishes or demands of another, often prioritizing relationships over personal goals.

Win-win Situation

A resolution to a problem or negotiation where all parties gain or feel positive about the outcome.

Task Interdependencies

The degree to which tasks in an organization rely on each other for completion.

Perform Well

To carry out tasks or duties effectively and efficiently, often surpassing standard expectations.