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Greenville County had the following federal award activity during the most recent fiscal year: Required a.&b. Based upon the size and information provided, select "X" if the programs are Type A with low risk and high risk Type B with low risk and high risk programs, or select "NA". Program 1 2 3 4 5 6 7 8 9 10 Award Received $ 8,000,000 2,450,000 3,500,000 5,000,000 6,000,000 500,000 2,000,000 4,250,000 5,000,000 500,000 Award Expended S 0 1,434,000 1,965,000 1,963,000 4,712,000 389,000 961,000 74,000 746,000 150,000 Answer is complete but not entirely correct. Major Audit Program Findings in Prior in Prior Year (Y/N) N N N Y Y N N Y Y N Year (Y/N) N/A N/A N/A N N N/A N/A Y N N/A Type A Low Risk XX X X NA NA X X NA ΝΑ Ο X High Risk NA NA NAⓇ X X XX NA NAⓇ X X X X NA Type B Low Risk X X X X X X X X X X X XX NA NA High X NA X X✔ Risk NA NA NA ››* *Ⓡ X X NA NA

Greenville County had the following federal award activity during the most recent fiscal year: Required a.&b. Based upon the size and information provided, select "X" if the programs are Type A with low risk and high risk Type B with low risk and high risk programs, or select "NA". Program 1 2 3 4 5 6 7 8 9 10 Award Received $ 8,000,000 2,450,000 3,500,000 5,000,000 6,000,000 500,000 2,000,000 4,250,000 5,000,000 500,000 Award Expended S 0 1,434,000 1,965,000 1,963,000 4,712,000 389,000 961,000 74,000 746,000 150,000 Answer is complete but not entirely correct. Major Audit Program Findings in Prior in Prior Year (Y/N) N N N Y Y N N Y Y N Year (Y/N) N/A N/A N/A N N N/A N/A Y N N/A Type A Low Risk XX X X NA NA X X NA ΝΑ Ο X High Risk NA NA NAⓇ X X XX NA NAⓇ X X X X NA Type B Low Risk X X X X X X X X X X X XX NA NA High X NA X X✔ Risk NA NA NA ››* *Ⓡ X X NA NA

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Greenville County had the following federal award activity during the most recent fiscal year: Required a.&b. Based upon the size and information provided, select "X" if the programs are Type A with low risk and high risk or Type B with low risk and high risk programs, or select "NA". Program # 1 2 3 4 5 6 7 8 9 10 Award Received $ 8,000,000 2,450,000 3,500,000 5,000,000 6,000,000 500,000 2,000,000 4,250,000 5,000,000 500,000 Award Expended $ 0 1,434,000 1,965,000 1,963,000 4,712,000 389,000 961,000 74,000 746,000 150,000 Answer is complete but not entirely correct. Major Audit Program Findings in Prior in Prior Year (Y/N) N N N Y Y N N Y Y N Year (Y/N) N/A N/A N/A N N N/A N/A Y N N/A Type A Low Risk X X High Risk NA ✔ NA X NA X NA X X NA X X X XNA ✔ X X NA X ΝΑ ΝΑ X Type B x ΝΑ Low Risk High Risk ΝΑ X X NA X X NA X X X X XXX XNA X XX NA X X X✔ X X NA X X X ✔ ΝΑ X ΝΑ > X ****
Transcribed Image Text:Greenville County had the following federal award activity during the most recent fiscal year: Required a.&b. Based upon the size and information provided, select "X" if the programs are Type A with low risk and high risk or Type B with low risk and high risk programs, or select "NA". Program # 1 2 3 4 5 6 7 8 9 10 Award Received $ 8,000,000 2,450,000 3,500,000 5,000,000 6,000,000 500,000 2,000,000 4,250,000 5,000,000 500,000 Award Expended $ 0 1,434,000 1,965,000 1,963,000 4,712,000 389,000 961,000 74,000 746,000 150,000 Answer is complete but not entirely correct. Major Audit Program Findings in Prior in Prior Year (Y/N) N N N Y Y N N Y Y N Year (Y/N) N/A N/A N/A N N N/A N/A Y N N/A Type A Low Risk X X High Risk NA ✔ NA X NA X NA X X NA X X X XNA ✔ X X NA X ΝΑ ΝΑ X Type B x ΝΑ Low Risk High Risk ΝΑ X X NA X X NA X X X X XXX XNA X XX NA X X X✔ X X NA X X X ✔ ΝΑ X ΝΑ > X ****
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