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    Governmental and Nonprofit Accounting
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    Exam 20: Auditing Governments and Not-For-Profit Organizations
  5. Question
    A Government Is Required to Have a Single Audit for Any
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A Government Is Required to Have a Single Audit for Any

Question 23

Question 23

Multiple Choice

A government is required to have a single audit for any year in which it expends federal awards of


A) At least $300,000.
B) At least $500,000.
C) At least $750,000
D) At least 25% of its total expenditures.

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