When Conducting a Single Audit

question 27

Multiple Choice

When conducting a single audit:

• A) All federal grant programs must be audited.
• B) All major programs must be audited.
• C) At a minimum, all Type A major programs not identified as low-risk and certain high-risk Type B programs must be considered for audit.
• D) All programs not identified as low-risk must be audited.

---

Definitions:

Oligodendrocytes

Glial cells in the central nervous system that produce myelin, the insulating layer around neurons.

Reverberating Circuits

A neural circuit in which signals travel in a loop, often used to control rhythmic activities such as breathing.

Action Potentials

Action Potentials are rapid, temporary changes in the electrical membrane potential of cells, crucial for nerve signal transmission and muscle contraction.

Collateral Axons

Branches of an axon that diverge from the main axon to communicate with neighboring neurons, facilitating complex neural networks.