List the federal departments that have sponsored the federal programs, as per the OMB Compliance Supplement referred to in the website mentioned in the question.

Question

Want to see the full answer?

Answer 1

Question

Chapter 11, Problem 14C

a.

To determine

List the federal departments that have sponsored the federal programs, as per the OMB Compliance Supplement referred to in the website mentioned in the question.

b.

To determine

Indicate whether any of the programs listed are part of the same cluster, under single audit.

c.

To determine

Indicate whether any of the federal programs could be classified as Type A programs, and indicate whether any of the programs could be exempted from being assessed under the risk-based approach.

d.

To determine

Identify the programs that would be selected for audit, and mention the reason.

e.

To determine

Explain whether or not the selection of programs for audit would change, if the not-for-profit organization has received unmodified opinion for the last two years and the Head Start program was selected for audit; and indicate the programs to be selected with reason.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Compute the variable cost per unit

Hy expert please solve this question

Swamy Stationery Inc. budgeted production of 64,000 planners in 2023. Paper is required to produce a planner. Assume 95 square yards of paper are required for each planner. The estimated January 1, 2023, paper inventory is 400,000 square yards. The desired December 31, 2023, paper inventory is 370,000 square yards. If paper costs $0.14 per square yard, determine the direct materials purchases budget for 2023. Answer

Answer 2

Question

Chapter 11, Problem 14C

a.

To determine

List the federal departments that have sponsored the federal programs, as per the OMB Compliance Supplement referred to in the website mentioned in the question.

b.

To determine

Indicate whether any of the programs listed are part of the same cluster, under single audit.

c.

To determine

Indicate whether any of the federal programs could be classified as Type A programs, and indicate whether any of the programs could be exempted from being assessed under the risk-based approach.

d.

To determine

Identify the programs that would be selected for audit, and mention the reason.

e.

To determine

Explain whether or not the selection of programs for audit would change, if the not-for-profit organization has received unmodified opinion for the last two years and the Head Start program was selected for audit; and indicate the programs to be selected with reason.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 11, Problem 14C

a.

To determine

List the federal departments that have sponsored the federal programs, as per the OMB Compliance Supplement referred to in the website mentioned in the question.

b.

To determine

Indicate whether any of the programs listed are part of the same cluster, under single audit.

c.

To determine

Indicate whether any of the federal programs could be classified as Type A programs, and indicate whether any of the programs could be exempted from being assessed under the risk-based approach.

d.

To determine

Identify the programs that would be selected for audit, and mention the reason.

e.

To determine

Explain whether or not the selection of programs for audit would change, if the not-for-profit organization has received unmodified opinion for the last two years and the Head Start program was selected for audit; and indicate the programs to be selected with reason.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 11, Problem 14C

a.

To determine

List the federal departments that have sponsored the federal programs, as per the OMB Compliance Supplement referred to in the website mentioned in the question.

b.

To determine

Indicate whether any of the programs listed are part of the same cluster, under single audit.

c.

To determine

Indicate whether any of the federal programs could be classified as Type A programs, and indicate whether any of the programs could be exempted from being assessed under the risk-based approach.

d.

To determine

Identify the programs that would be selected for audit, and mention the reason.

e.

To determine

Explain whether or not the selection of programs for audit would change, if the not-for-profit organization has received unmodified opinion for the last two years and the Head Start program was selected for audit; and indicate the programs to be selected with reason.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 11, Problem 14C

a.

To determine

List the federal departments that have sponsored the federal programs, as per the OMB Compliance Supplement referred to in the website mentioned in the question.

b.

To determine

Indicate whether any of the programs listed are part of the same cluster, under single audit.

c.

To determine

Indicate whether any of the federal programs could be classified as Type A programs, and indicate whether any of the programs could be exempted from being assessed under the risk-based approach.

d.

To determine

Identify the programs that would be selected for audit, and mention the reason.

e.

To determine

Explain whether or not the selection of programs for audit would change, if the not-for-profit organization has received unmodified opinion for the last two years and the Head Start program was selected for audit; and indicate the programs to be selected with reason.

Answer 6

Chapter 11, Problem 14C

a.

To determine

List the federal departments that have sponsored the federal programs, as per the OMB Compliance Supplement referred to in the website mentioned in the question.

Answer 7

Chapter 11, Problem 14C

a.

To determine

List the federal departments that have sponsored the federal programs, as per the OMB Compliance Supplement referred to in the website mentioned in the question.

Answer 8

b.

To determine

Indicate whether any of the programs listed are part of the same cluster, under single audit.

Answer 9

b.

To determine

Indicate whether any of the programs listed are part of the same cluster, under single audit.

Answer 10

c.

To determine

Indicate whether any of the federal programs could be classified as Type A programs, and indicate whether any of the programs could be exempted from being assessed under the risk-based approach.

Answer 11

c.

To determine

Indicate whether any of the federal programs could be classified as Type A programs, and indicate whether any of the programs could be exempted from being assessed under the risk-based approach.

Answer 12

d.

To determine

Identify the programs that would be selected for audit, and mention the reason.

Answer 13

d.

To determine

Identify the programs that would be selected for audit, and mention the reason.

Answer 14

e.

To determine

Explain whether or not the selection of programs for audit would change, if the not-for-profit organization has received unmodified opinion for the last two years and the Head Start program was selected for audit; and indicate the programs to be selected with reason.

Answer 15

e.

To determine

Explain whether or not the selection of programs for audit would change, if the not-for-profit organization has received unmodified opinion for the last two years and the Head Start program was selected for audit; and indicate the programs to be selected with reason.

Answer 16

Expert Solution & Answer

Answer 17

Expert Solution & Answer

Answer 18

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 19

Ch. 11 - Prob. 1Q Ch. 11 - Prob. 2Q Ch. 11 - Prob. 3Q Ch. 11 - Prob. 4Q Ch. 11 - Prob. 5Q Ch. 11 - Prob. 6Q Ch. 11 - Prob. 7Q Ch. 11 - Prob. 8Q Ch. 11 - Prob. 9Q Ch. 11 - Prob. 10Q

List the federal departments that have sponsored the federal programs, as per the OMB Compliance Supplement referred to in the website mentioned in the question.

Solution Summary: The author explains the OMB Compliance Supplement, which covers the specific audit requirements necessary for testing the conformity of the program administered by the entity.

List the federal departments that have sponsored the federal programs, as per the OMB Compliance Supplement referred to in the website mentioned in the question.

Indicate whether any of the programs listed are part of the same cluster, under single audit.

Indicate whether any of the federal programs could be classified as Type A programs, and indicate whether any of the programs could be exempted from being assessed under the risk-based approach.

Identify the programs that would be selected for audit, and mention the reason.

Explain whether or not the selection of programs for audit would change, if the not-for-profit organization has received unmodified opinion for the last two years and the Head Start program was selected for audit; and indicate the programs to be selected with reason.

Want to see the full answer?

Chapter 11 Solutions