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    Governmental and Nonprofit Accounting
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    Exam 20: Auditing Governments and Not-For-Profit Organizations
  5. Question
    In Order for a Government to Have a Program-Specific Audit
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In Order for a Government to Have a Program-Specific Audit

Question 40

Question 40

Multiple Choice

In order for a government to have a program-specific audit, which of the following must be met?


A) Expend less than $750,000 of federal awards.
B) Expend federal awards under only one federal program.
C) Have low-risk programs.
D) Have a combination of high-risk and low-risk programs.

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