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    Accounting for Governmental Study Set 1
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    Exam 11: Auditing of Governmental and Not-For-Profit Organizations
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    Generally Accepted Government Auditing Standards (GAGAS)apply to Audits of State
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Generally Accepted Government Auditing Standards (GAGAS)apply to Audits of State

Question 63

Question 63

True/False

Generally accepted government auditing standards (GAGAS)apply to audits of state and local governments only if they expend $500,000 or more in federal financial assistance.

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