Which of the Following Is Not a Report That OMB

question 20

Multiple Choice

Which of the following is not a report that OMB Circular A-133 requires?

• A) A report that includes an opinion on whether the financial statements are presented in accordance with GAAP.
• B) A report that includes an opinion on whether the schedule of Federal awards is presented fairly and is consistent with the financial statements.
• C) A report on the entity's internal controls over financial reporting and its major programs.
• D) A report that other auditor's findings of errors/misrepresentations have been addressed and corrected.

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Definitions:

STIs

Sexually Transmitted Infections, diseases passed from one person to another through sexual contact.

Infectious Diseases

Illnesses caused by pathogenic microorganisms like bacteria, viruses, parasites, or fungi that can be spread, directly or indirectly, from one person to another.

Assimilation

Assimilation is the process by which individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society, losing their original cultural identity.

Poverty

A condition where individuals or communities lack sufficient financial resources and access to basic needs such as food, shelter, and healthcare.