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Answer the following questions relating to the provisions of the Single Audit Act of 1984 and 1996 Amendments.
(a)What is a single audit?
Swimming Pool
A man-made basin filled with water designed for swimming, diving, and other aquatic activities.
Liability
A company's or individual's legal financial debts or obligations that arise during the course of business operations.
Empty Pool
An outdoor or indoor swimming pool that is void of water, often due to maintenance, seasonality, or abandonment.
Wire Fence
A barrier made from wire strands to enclose an area, often used for securing property boundaries.
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