One of the Primary Purposes of the Single Audit Act

question 56

Multiple Choice

One of the primary purposes of the Single Audit Act of 1984 (amended in 1996) is to:

• A) Detect fraud, waste and abuse in government entities.
• B) Promote the efficient and effective use of audit resources.
• C) Make audit activity legal at the federal level.
• D) Allow federal auditors greater access to government entities receiving federal funds.

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Definitions:

Promotion Efficiency

The effectiveness and efficiency of marketing strategies in reaching and persuading potential customers to make a purchase.

Glocalization

The process of adapting a product or service to suit local tastes and cultural preferences while maintaining a global outlook.

Mega Phone 4

A fictional or specific product name, possibly referring to a model of a phone or a communication device.

State Control

The extent to which a government exercises authority and regulatory powers over economic and social policies within its territory.