Multiple Choice
A nonfederal entity is required to have either a Program-Specific Audit or a Single Audit if in a fiscal year it
A) Received $300,000 or more in federal awards.
B) Expended $300,000 or more in federal awards.
C) Received $750,000 or more in federal awards.
D) Expended $750,000 or more in federal awards.
Correct Answer:

Verified
Correct Answer:
Verified
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