Multiple Choice
Assume that programs classified as major federal programs totaled $4,500,000. If the auditee is considered low-risk, the percentage of coverage rule would not be satisfied if the total federal awards expended were more than:
A) $4,500,000.
B) $9,000,000.
C) $11,250,000.
D) $22,500,000.
Correct Answer:
Verified
Correct Answer:
Verified
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