Under the Single Audit Act,the Auditor Must Apply Procedures to Test

question 33

Multiple Choice

Under the Single Audit Act,the auditor must apply procedures to test for compliance and test the effectiveness of controls for: $$\begin{array} { l c c } & \text { Major Programs } & \text { NonMajor Programs } \\\text { A) } & \text { Yes } & \text { Yes } \\\text { B) } & \text { Yes } & \text { No } \\\text { C) } & \text { No } & \text { Yes } \\\text { D) } & \text { No } & \text { No }\end{array}$$

• A)Option A
• B)Option B
• C)Option C
• D)Option D

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Definitions:

Statistically Significant

A statistical judgment indicating that observed data are unlikely to occur by chance, suggesting a meaningful relationship or effect.

p < .05

Represents a statistical measure indicating that the probability of the observed data occurring by chance is less than 5%, commonly used in hypothesis testing to suggest a significant effect or difference.

Correlation

A numerical indicator showing the degree to which two variables move in relation, without suggesting a cause-and-effect relationship.

p < .05

Refers to a statistical threshold indicating that the likelihood of the observed data occurring by chance is less than 5%, commonly used to infer significance in research findings.