Examlex
Select the key term that relate to single audits from the list that best matches with the following definition.
A. Risk-based approach
B. Single audit
C. Questioned cost
D. Material weakness
E. Oversight agency
F. Major programs
G. Cognizant agency
H. Significant deficiency
________ 1. The federal agency that makes the predominant amount of direct funding to the nonfederal entity receiving less than $50 million in federal awards
________ 2. A deficiency in internal control such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis
________ 3. An audit prescribed by federal law for state and local governments and not-for-profit organizations that expend more than $750,000 in a fiscal year
________ 4. Used by auditors to determine which programs will be audited as part of the single audit
________ 5. A monetary item identified by an auditor in an audit finding that generally relates to noncompliance with a law, regulation, or agreement, where the costs are either not supported by adequate documentation or appear unreasonable
Nonverbal Communication
The process of conveying a message without the use of words, which can include facial expressions, gestures, and body language.
Physical Touch
A form of non-verbal communication involving bodily contact between individuals, which can convey various messages or emotions.
Gestures
Physical movements of the body, especially hands and arms, used to express ideas or emotions, or to communicate nonverbally.
Dress
Clothing, typically referring to a particular style or formal level of attire suitable for specific occasions.
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