The Single Audit Act Intends That Auditors Conducting Regular Financial

question 109

Multiple Choice

The Single Audit Act intends that auditors conducting regular financial audits of state and local governments and not-for-profits organizations provide assurance to the federal government that:

• A) Federal funds have been expended in accordance with laws and regulations
• B) Federal funds are protected through a system of internal controls and sound financial management practices
• C) Both A & B
• D) None of the above

---

Definitions:

Infiltration

The process by which substances or cells pass through tissue, often referring to the spread of cancer cells or the delivery of fluids/medication.

Temperature Control

The process of regulating the temperature of a system or environment through natural or artificial means.

Pathogens

Microorganisms or viruses that can cause disease.

Soft Nail

A condition characterized by nails that are easily bent, broken, or split, often indicating underlying health issues or nutrient deficiencies.