Multiple Choice
One of the primary purposes of the Single Audit Act of 1984 (amended in 1996) is to:
A) Detect fraud, waste and abuse in government entities.
B) Promote the efficient and effective use of audit resources.
C) Make audit activity legal at the federal level.
D) Allow federal auditors greater access to government entities receiving federal funds.
Correct Answer:

Verified
Correct Answer:
Verified
Q51: The single audit requirement applies to:<br>A) All
Q52: A single audit conducted pursuant to the
Q53: Auditing procedures deemed particularly applicable to audits
Q54: Which of the following statements regarding audit
Q55: When conducting a government financial statement audit,
Q57: Describe the importance of materiality for auditors
Q58: Which of the following is not considered
Q59: Governments and not-for-profit entities may be subject
Q60: Explain how federal award programs are selected
Q61: The purpose of an attestation engagement may