Which of the Following Statements Concerning the Single Audit Act

question 12

Multiple Choice

Which of the following statements concerning the Single Audit Act of 1984 (with 1996 Amendments) is correct?

• A) Only those entities receiving over $750,000 a year in federal financial assistance are required to have a single audit.
• B) Those entities expending under $750,000 a year in federal awards may be exempt from single audit requirements.
• C) The Single Audit Act only applies if an entity has high risk programs.
• D) The single audit is optional for all entities receiving federal awards.

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Definitions:

Mostly Girls

Typically refers to situations, groups, or contexts where the majority of individuals are female.

Anti-Freud

Referring to the stance or theories that oppose or criticize Sigmund Freud's psychoanalytic theories of personality development and psychosexual stages.

Freudian Theory

A theoretical approach in psychoanalytic psychology developed by Sigmund Freud, focusing on unconscious motivations and the complex interplay of the id, ego, and superego in personality development.

Sexual Motives

Psychological and biological factors that drive and direct human sexual behavior and desires.