One of the Primary Purposes of the Single Audit Act

question 25

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 by consolidating audit activity into one organization-wide audit.
• 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:

Skid Marks

Visible marks left on a road surface by tires that have lost traction, often as a result of sudden braking.

Median

The middle number when numbers are in ascending or descending order.

Box-And-Whisker Plot

Also called a boxplot; a type of graph that shows all four quartiles and the least number; it is drawn to scale.

Fuel-Efficient

A description for vehicles or machines that use less fuel than the average for their category, leading to reduced operational costs and environmental impact.