Program Audits Include Determining

question 109

Multiple Choice

Program audits include determining

• A) The degree to which an entity is acquiring, protecting, and using its resources effectively.
• B) The effectiveness of an organization's programs, activities, or functions.
• C) The causes of an organization's inefficiencies or uneconomical practices.
• D) The entity's compliance with laws and regulations concerning matters of efficiency.

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Definitions:

Insured

A person or entity covered under an insurance policy, providing protection against specified risks or losses.

Taxable Income

Income subject to tax, after deductions and exemptions, according to federal or state law.

Alimony Payments

Payments made to a spouse or former spouse under a divorce or separation agreement, possibly subject to special tax treatment.

Child Support Payments

Child Support Payments are periodic payments made by a noncustodial parent to support a child’s living expenses after a divorce or separation.