For a Government That Has Less Than $25 Million in Total

question 11

Multiple Choice

For a government that has less than $25 million in total federal awards expended, an auditor that must perform a risk assessment on a federal program classified as a Type B should consider as eligible all programs that

• A) Have not been assessed in last three years.
• B) Have not been assessed in the last two years.
• C) Have expenditures that exceed $100,000
• D) Have expenditures that exceed $187,500.

---

Definitions:

Pluralistic Society

A society that accommodates multiple groups, cultures, or viewpoints, allowing for diversity and coexistence.

Globalization

The process by which businesses, cultures, and populations become more interconnected and interdependent through trade, communication, and cultural exchange on a global scale.

Economic Downturn

A period when economic performance declines, marked by falling GDP, rising unemployment, and reduced consumer spending.

Cultural Adaptation

The process by which individuals or groups modify their behaviors, practices, and beliefs to align with the cultural norms of a new environment.