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 by consolidating audit activity into one organization-wide audit.
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
Q5: Which of the following is the highest
Q20: Audit objectives set forth by the United
Q21: A condition whereby the design or operation
Q21: Audits of state and local governments may
Q22: Which of the following statements concerning the
Q23: Attestation engagements include<br>A) Assessment of the extent
Q26: Though used historically by corporate boards of
Q27: The scope paragraph of an audit report
Q29: Governments often engage one auditor to audit
Q30: The following are key terms in Chapter