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At What Amount Would the Percentage of Coverage Rule Be

Question 19

Multiple Choice

At what amount would the percentage of coverage rule be exceeded if the total of major federal programs was $7,000,000 for an auditee who is not low risk?


A) $7,000,000.
B) $17,500,000.
C) $21,000,000.
D) $35,000,000.

Correct Answer:

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